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\par\pard\plain\fs16\par\pard\plain\sb22\cf1\f51\fs32\b\qc UNITED STATES\par\pard\plain\sb22\cf1\f51\fs32\b\qc SECURITIES AND EXCHANGE COMMISSION\par\pard\plain\cf1\f51\fs22\b\qc Washington, D.C. 20549\par\pard\plain\cf1\f51\fs6\b\qc ____________________________________________________________________________________________\plain\cf1\f51\fs18\b\qc \~\par\pard\plain\cf1\f51\fs32\b\qc FORM 10-Q\par\pard\plain\cf1\f51\fs6\b\qc ____________________________________________________________________________________________\plain\cf1\f51\fs18\b\qc \~\par\pard\plain\sb176\cf1\f51\fs18\b\qc (Mark One)\par\pard\plain\sb176\cf1\f54\fs20\qc x\plain\cf1\f51\fs20\qc \~\~\~\~\plain\cf1\f51\fs20\b\qc QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF\plain\cf1\f51\fs20\b\qc 1934.\par\pard\plain\li396\cf1\f51\fs20\b\qc FOR THE QUARTERLY PERIOD ENDED MARCH\~31, 2017
\par\pard\plain\fs16\par\pard\plain\li528\fi-528\cf1\f51\fs22\b\qc or
\par\pard\plain\fs16\par\pard\plain\cf1\f54\fs22\qc o\plain\cf1\f51\fs20\qc \~\~\~\~\plain\cf1\f51\fs20\b\qc TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF\plain\cf1\f51\fs20\b\qc 1934.\par\pard\plain\li396\cf1\f51\fs20\b\qc FOR THE TRANSITION PERIOD FROM \~\~\~\~\~\~\~\~\~\~\~\~ \~\~\~\~\~\~\~\~\~\~\~\~TO\par\pard\plain\sb176\cf1\f51\fs22\b\qc Commission File Number: 001-36326\par\pard\plain\sb88\cf1\f51\fs6\b\qc ____________________________________________________________________________________________\par\pard\plain\cf1\f51\fs32\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc (Exact name of registrant as specified in its charter)\par\pard\plain\sb88\cf1\f51\fs6\b\qc ____________________________________________________________________________________________
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Ireland\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 68-0683755\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qc (State or other jurisdiction of incorporation or organization)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qc (I.R.S. Employer Identification Number)\cell{
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\pard\plain\intbl\li22\ri22\sb22\fi22\cf1\f51\fs16\b\qc First Floor, Minerva House, Simmonscourt Road, Ballsbridge, Dublin 4,\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Ireland\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Not Applicable\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qc (Address of Principal Executive Offices)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qc (Zip Code)\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Title of each class\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Name of each exchange on which registered\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Ordinary shares, nominal value $0.0001 per share\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc The NASDAQ Global Market\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr Non-accelerated filer\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f54\fs20\ql o\plain\intbl\li22\ri22\cf1\f51\fs20\ql \~\~\plain\intbl\li22\ri22\cf1\f51\fs16\ql (Do not check if a smaller\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\ql reporting company)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr Smaller\~reporting\~company\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f54\fs20\ql o\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\qr Emerging Growth\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\qr Company\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f54\fs20\ql o\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Ordinary shares, $0.0001 par value\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\qr Number of ordinary shares\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\qr outstanding as of\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr May\~2, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql :\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 223,112,543\cell
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\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\sb176\cf1\f51\fs20\b\qc INDEX
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\par\pard\plain\fs16
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\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\qc FORWARD-LOOKING STATEMENTS\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Statements contained or incorporated by reference in this document contain information that includes or is based on\plain\cf1\f51\fs20\ql \u8220?forward-looking statements\u8221? within the meaning of Section 27A of the Securities Act of 1933, as amended, or the\plain\cf1\f51\fs20\ql Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. These statements,\plain\cf1\f51\fs20\ql including estimates of future revenues, future expenses, future net income and future net income per share, contained in the\plain\cf1\f51\fs20\ql section titled \u8220?Management\u8217?s Discussion and Analysis of Financial Condition and Results of Operations,\u8221?\plain\cf1\f51\fs20\ql which is included in this document, are subject to risks and uncertainties. Forward-looking statements include the information\plain\cf1\f51\fs20\ql concerning our possible or assumed results of operations. We have tried, whenever possible, to identify such statements by words\plain\cf1\f51\fs20\ql such as \u8220?believes,\u8221? \u8220?expects,\u8221? \u8220?anticipates,\u8221? \u8220?intends,\u8221?\plain\cf1\f51\fs20\ql \u8220?estimates,\u8221? \u8220?plan,\u8221? \u8220?projected,\u8221? \u8220?forecast,\u8221? \u8220?will,\u8221?\plain\cf1\f51\fs20\ql \u8220?may\u8221? or similar expressions. We have based these forward-looking statements on our current expectations and\plain\cf1\f51\fs20\ql projections about the growth of our business, our financial performance, and the development of our industry. Because these\plain\cf1\f51\fs20\ql statements reflect our current views concerning future events, these forward-looking statements involve risks and uncertainties.\plain\cf1\f51\fs20\ql Investors should note that many factors, as more fully described in Part I, Item 1A of our Annual Report on Form 10-K for the\plain\cf1\f51\fs20\ql year ended December\~31, 2016 under the caption \u8220?Risk Factors,\u8221? and as otherwise enumerated herein, could affect\plain\cf1\f51\fs20\ql our future financial results and could cause our actual results to differ materially from those expressed in forward-looking\plain\cf1\f51\fs20\ql statements contained or incorporated by reference in this document.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We do not undertake any obligation to update our forward-looking statements after the date of this document for any\plain\cf1\f51\fs20\ql reason, even if new information becomes available or other events occur in the future, except as may be required under\plain\cf1\f51\fs20\ql applicable securities law. You are advised to consult any further disclosures we make on related subjects in our reports filed with\plain\cf1\f51\fs20\ql the Securities and Exchange Commission (SEC) and with securities regulators in Canada on the System for Electronic Document\plain\cf1\f51\fs20\ql Analysis and Retrieval (SEDAR). Also note that, in Part I, Item 1A of our Annual Report on Form 10-K for the year ended\plain\cf1\f51\fs20\ql December\~31, 2016, we provide a cautionary discussion of the risks, uncertainties and possibly inaccurate assumptions relevant to\plain\cf1\f51\fs20\ql our business. These are factors that, individually or in the aggregate, we think could cause our actual results to differ materially\plain\cf1\f51\fs20\ql from expected and historical results. We note these factors for investors as permitted by Section 27A of the Securities Act and\plain\cf1\f51\fs20\ql Section 21E of the Exchange Act. You should understand that it is not possible to predict or identify all such factors.\plain\cf1\f51\fs20\ql Consequently, you should not consider this to be a complete discussion of all potential risks or uncertainties.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc i\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s7706bb2556804459b250fab8109feb8}{\*\bkmkend s7706bb2556804459b250fab8109feb8}\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16{\*\bkmkstart part_1_2_1}{\*\bkmkend part_1_2_1}\par\pard\plain\cf1\f51\fs20\b\qc PART I. FINANCIAL INFORMATION{\*\bkmkstart se22bee21b3c94f44aba72b6bc9f1629}{\*\bkmkend se22bee21b3c94f44aba72b6bc9f1629}{\*\bkmkstart item_1_3_1}{\*\bkmkend item_1_3_1}\par\pard\plain\cf1\f51\fs20\b\ql Item 1.\~\~\~\~\~\~\~\~Financial Statements{\*\bkmkstart s3caa60cb57aa5737bb7ddf7b14449f8}{\*\bkmkend s3caa60cb57aa5737bb7ddf7b14449f8}\par\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)\par\pard\plain\cf1\f51\fs20\b\qc (In thousands, except share and per share data)
\par\pard\plain
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{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql CURRENT ASSETS:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 617,589\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 517,250\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Restricted cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 278,245\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 282,074\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Accounts receivable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 689,602\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 992,153\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Inventories, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 549,138\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 555,671\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Prepaid expenses and other current assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 39,668\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 77,523\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Income taxes receivable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 45,619\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 47,803\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Assets held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 112,860\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 116,985\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9001\clvertalb\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh286
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs19\ql Total current assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,332,721\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,589,459\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9001\clvertalb\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql MARKETABLE SECURITIES\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,723\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 2,267\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql PROPERTY, PLANT AND EQUIPMENT, NET\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 670,847\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 669,596\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql GOODWILL\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 4,650,327\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 4,729,395\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql OTHER INTANGIBLES, NET\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 5,487,865\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 5,859,297\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql DEFERRED INCOME TAXES\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 7,635\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 7,817\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql OTHER ASSETS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 67,532\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 417,278\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql TOTAL ASSETS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 13,218,650\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 14,275,109\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\b\qc LIABILITIES AND SHAREHOLDERS\u8217? EQUITY\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql CURRENT LIABILITIES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx7704\clvertalb\cellx8761\clvertalb\cellx9001\clvertalb\cellx9104\clvertalb\cellx9421\clvertalb\cellx10478\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Accounts payable and accrued expenses\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,219,278\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,454,084\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx7704\clvertalb\cellx8761\clvertalb\cellx9001\clvertalb\cellx9104\clvertalb\cellx9421\clvertalb\cellx10478\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Current portion of legal settlement accrual\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 758,693\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,015,932\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Current portion of long-term debt\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 25,612\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 131,125\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Income taxes payable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 18,432\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 9,266\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Liabilities held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 37,149\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 24,338\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs19\ql Total current liabilities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,059,164\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,634,745\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286\row}}}
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql DEFERRED INCOME TAXES\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 155,274\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 192,297\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8762\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql LONG-TERM DEBT, LESS CURRENT PORTION, NET\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 8,224,559\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 8,141,378\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql OTHER LIABILITIES\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 591,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 605,100\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql COMMITMENTS AND CONTINGENCIES (NOTE 11)\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql SHAREHOLDERS\u8217? EQUITY:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh504
\pard\plain\intbl\li330\ri22\sb22\cf1\f51\fs19\ql Euro deferred shares, $0.01 par value; 4,000,000 shares authorized and issued at both\plain\intbl\li330\ri22\sa22\cf1\f51\fs19\ql March 31, 2017 and December 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 43\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 42\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh504\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh739
\pard\plain\intbl\li330\ri22\sb22\cf1\f51\fs19\ql Ordinary shares, $0.0001 par value; 1,000,000,000 shares authorized; 223,103,675 and\plain\intbl\li330\ri22\cf1\f51\fs19\ql 222,954,175 shares issued and outstanding at March 31, 2017 and December 31, 2016,\plain\intbl\li330\ri22\sa22\cf1\f51\fs19\ql respectively\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 22\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 22\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh739\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Additional paid-in capital\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 8,761,568\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 8,743,240\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Accumulated deficit\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (6,234,934\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (5,688,281\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx7464\clvertalb\cellx8762\clvertalb\cellx9002\clvertalb\cellx9105\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Accumulated other comprehensive loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (338,646\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (353,434\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8762\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9002\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9001\clvertalb\cellx9104\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9421\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10478\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10795\trrh286
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs19\ql Total shareholders\u8217? equity\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,188,053\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 2,701,589\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9001\clvertalb\cellx9104\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9421\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10478\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10795\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql TOTAL LIABILITIES AND SHAREHOLDERS\u8217? EQUITY\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 13,218,650\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 14,275,109\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9104\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9421\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh286\row}}}\pard\plain\sb88\cf1\f51\fs20\qc See Notes to Condensed Consolidated Financial Statements.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 1\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart sc93ac9f56cd55d1fbb0fd6ac788ed65}{\*\bkmkend sc93ac9f56cd55d1fbb0fd6ac788ed65}\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)\par\pard\plain\cf1\f51\fs20\b\qc (In thousands, except per share data)
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx8078\clvertalc\cellx8193\clvertalc\cellx9271\clvertalc\cellx9384\clvertalc\cellx9491\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8078\clvertalc\cellx8193\clvertalc\cellx9271\clvertalc\cellx9384\clvertalc\cellx9491\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9385\clvertalb\cellx9492\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9385\clvertalb\cellx9492\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8193\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql TOTAL REVENUES\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,037,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 963,539\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8193\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9385\clvertalb\cellx9492\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql COSTS AND EXPENSES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9385\clvertalb\cellx9492\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Cost of revenues\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 668,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 688,705\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Selling, general and administrative\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 177,240\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 178,355\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Research and development\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 43,009\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 41,692\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Litigation-related and other contingencies, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 936\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 5,200\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Asset impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 203,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 129,625\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Acquisition-related and integration items\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 10,880\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 12,554\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8193\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql OPERATING LOSS FROM CONTINUING OPERATIONS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (67,389\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (92,592\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8193\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql INTEREST EXPENSE, NET\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 111,999\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 116,793\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql OTHER INCOME, NET\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (2,037\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (1,907\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (177,351\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (207,478\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql INCOME TAX BENEFIT\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (11,928\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (118,715\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql LOSS FROM CONTINUING OPERATIONS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (165,423\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (88,763\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql DISCONTINUED OPERATIONS, NET OF TAX (NOTE 3)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (8,405\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (45,108\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql CONSOLIDATED NET LOSS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (133,871\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Less: Net income (loss) attributable to noncontrolling interests\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (2\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql NET LOSS ATTRIBUTABLE TO ENDO INTERNATIONAL PLC\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (133,869\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrt\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clbrdrt\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh504
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs19\ql NET LOSS PER SHARE ATTRIBUTABLE TO ENDO INTERNATIONAL PLC ORDINARY\plain\intbl\li22\ri22\sa22\cf1\f51\fs19\ql SHAREHOLDERS\u8212?BASIC:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clbrdrt\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clbrdrt\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh504\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx8193\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Continuing operations\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.74\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.40\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx8193\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Discontinued operations\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (0.04\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (0.20\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Basic\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.78\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.60\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh504
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs19\ql NET LOSS PER SHARE ATTRIBUTABLE TO ENDO INTERNATIONAL PLC ORDINARY\plain\intbl\li22\ri22\sa22\cf1\f51\fs19\ql SHAREHOLDERS\u8212?DILUTED:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh504\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx8193\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Continuing operations\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.74\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.40\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx8193\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Discontinued operations\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (0.04\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (0.20\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Diluted\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.78\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (0.60\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8078\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8193\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh286\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs19\ql WEIGHTED AVERAGE SHARES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9385\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Basic\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 223,014\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 222,302\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8078\clvertalb\cellx9271\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs19\ql Diluted\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 223,014\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 222,302\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8078\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}\pard\plain\sb264\cf1\f51\fs20\qc See Notes to Condensed Consolidated Financial Statements.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 2\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart sebb739c85b925d9fa574f5c7f207a9e}{\*\bkmkend sebb739c85b925d9fa574f5c7f207a9e}
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)\par\pard\plain\cf1\f51\fs20\b\qc (In thousands)
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx5198\clvertalc\cellx5378\clvertalc\cellx6443\clvertalc\cellx6550\clvertalc\cellx6657\clvertalc\cellx6767\clvertalc\cellx7836\clvertalc\cellx7943\clvertalc\cellx8050\clvertalc\cellx8230\clvertalc\cellx9295\clvertalc\cellx9402\clvertalc\cellx9509\clvertalc\cellx9619\clvertalc\cellx10688\clvertalc\cellx10795\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx5198\clvertalc\cellx5378\clvertalc\cellx6443\clvertalc\cellx6550\clvertalc\cellx6657\clvertalc\cellx6767\clvertalc\cellx7836\clvertalc\cellx7943\clvertalc\cellx8050\clvertalc\cellx8230\clvertalc\cellx9295\clvertalc\cellx9402\clvertalc\cellx9509\clvertalc\cellx9619\clvertalc\cellx10688\clvertalc\cellx10795\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7944\clvertalb\cellx8051\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7944\clvertalb\cellx8051\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs18\ql CONSOLIDATED NET LOSS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (133,871\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs18\ql OTHER COMPREHENSIVE INCOME, NET OF TAX:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs18\ql Net unrealized loss on securities:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx5378\clvertalb\cellx6443\clvertalb\cellx6550\clvertalb\cellx6657\clvertalb\cellx7943\clvertalb\cellx8050\clvertalb\cellx8230\clvertalb\cellx9295\clvertalb\cellx9402\clvertalb\cellx9509\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs18\ql Unrealized loss arising during the period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (346\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (860\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx5378\clvertalb\cellx6443\clvertalb\cellx6550\clvertalb\cellx6657\clvertalb\cellx7943\clvertalb\cellx8050\clvertalb\cellx8230\clvertalb\cellx9295\clvertalb\cellx9402\clvertalb\cellx9509\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6443\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6550\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6657\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7836\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7943\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8050\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9295\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9402\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs18\ql Less: reclassification adjustments for loss realized in net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr (346\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr (860\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6443\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6550\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6657\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7836\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7943\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8050\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9295\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9402\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7944\clvertalb\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10797\trrh298
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs18\ql Foreign currency translation gain:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5198\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7944\clvertalb\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10797\trrh298\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5378\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6550\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6657\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7943\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8050\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8230\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9295\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9402\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs18\ql Foreign currency gain arising during the period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr 80,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5378\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6550\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6657\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7943\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8050\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8230\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9295\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9402\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6550\clvertalb\cellx6657\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7836\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7943\clvertalb\cellx8050\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9295\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9402\clvertalb\cellx9509\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10688\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs18\ql Less: reclassification adjustments for loss realized in net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr 80,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5198\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6550\clvertalb\cellx6657\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7836\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7943\clvertalb\cellx8050\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9295\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9402\clvertalb\cellx9509\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10688\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs18\ql OTHER COMPREHENSIVE INCOME\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr 14,788\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr 79,903\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6768\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10690\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs18\ql CONSOLIDATED COMPREHENSIVE LOSS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (159,040\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (53,968\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell{
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6768\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10690\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs18\ql Less: Net income (loss) attributable to noncontrolling interests\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr (2\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7837\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10690\clvertalb\cellx10797\trrh479
\pard\plain\intbl\li330\ri22\sb22\cf1\f51\fs18\ql Less: Other comprehensive income attributable to noncontrolling\plain\intbl\li330\ri22\sa22\cf1\f51\fs18\ql interests\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\qr 56\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5198\clvertalb\cellx6551\clvertalb\cellx6658\clvertalb\cellx7837\clvertalb\cellx7944\clvertalb\cellx8051\clvertalb\cellx9404\clvertalb\cellx9511\clvertalb\cellx10690\clvertalb\cellx10797\trrh479\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh479
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs18\ql COMPREHENSIVE LOSS ATTRIBUTABLE TO ENDO\plain\intbl\li22\ri22\sa22\cf1\f51\fs18\ql INTERNATIONAL PLC\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (159,040\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs18\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs18\qr (54,022\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs18\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5198\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6551\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6658\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6768\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7944\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9511\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10690\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh479\row}}}\pard\plain\sb264\cf1\f51\fs20\qc See Notes to Condensed Consolidated Financial Statements.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 3\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s3781c3b29d6552f59ef3c0a795e3c83}{\*\bkmkend s3781c3b29d6552f59ef3c0a795e3c83}\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)\par\pard\plain\cf1\f51\fs20\b\qc (In thousands)
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx8077\clvertalc\cellx8192\clvertalc\cellx9270\clvertalc\cellx9383\clvertalc\cellx9490\clvertalc\cellx9605\clvertalc\cellx10683\clvertalc\cellx10796\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8077\clvertalc\cellx8192\clvertalc\cellx9270\clvertalc\cellx9383\clvertalc\cellx9490\clvertalc\cellx9605\clvertalc\cellx10683\clvertalc\cellx10796\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8077\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8077\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8077\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9384\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql OPERATING ACTIVITIES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9384\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx8192\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx9605\clvertalb\cellx10683\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Consolidated net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (133,871\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx8192\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx9605\clvertalb\cellx10683\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh504
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs19\ql Adjustments to reconcile consolidated net loss to Net cash provided by (used in) operating\plain\intbl\li264\ri22\sa22\cf1\f51\fs19\ql activities:\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh504\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Depreciation and amortization\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 286,855\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 236,089\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Inventory step-up\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 115\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 61,370\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Share-based compensation\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 19,493\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 14,967\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Amortization of debt issuance costs and discount\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 7,064\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 6,373\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Provision for bad debts\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (155\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 7,311\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Provision for inventory reserve\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 31,525\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 54,811\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Deferred income taxes\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (35,610\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (161,301\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Change in fair value of contingent consideration\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 6,184\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (10,688\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Asset impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 203,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 150,804\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql (Gain) loss on sale of business and other assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (2,337\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 2\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Changes in assets and liabilities which (used) provided cash:\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Accounts receivable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 310,719\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 142,153\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Inventories\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (28,492\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (36,328\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Prepaid and other assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 13,543\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 17,648\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Accounts payable and accrued expenses\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (484,082\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (236,329\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Other liabilities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,366\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (146,938\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Income taxes payable/receivable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 11,441\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (11,840\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh269\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8192\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9605\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Net cash provided by (used in) operating activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 167,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (45,767\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8192\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9605\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh286\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql INVESTING ACTIVITIES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9384\clvertalb\cellx9491\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Purchases of property, plant and equipment\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (27,202\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (25,998\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Patent acquisition costs and license fees\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (13,000\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Proceeds from sale of business and other assets, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 16,217\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 6,421\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Increase in restricted cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (243,666\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (121,031\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx8077\clvertalb\cellx9270\clvertalb\cellx9383\clvertalb\cellx9490\clvertalb\cellx10683\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Decrease in restricted cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 247,530\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 184,678\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8077\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9270\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9383\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9490\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8077\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8192\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9270\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9383\clvertalb\cellx9490\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9605\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10683\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh286
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Net cash (used in) provided by investing activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (7,121\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 31,070\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8077\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8192\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9270\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9383\clvertalb\cellx9490\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9605\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10683\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh286\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 4\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx7736\clvertalc\cellx8052\clvertalc\cellx9107\clvertalc\cellx9220\clvertalc\cellx9326\clvertalc\cellx9628\clvertalc\cellx10683\clvertalc\cellx10796\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx7736\clvertalc\cellx8052\clvertalc\cellx9107\clvertalc\cellx9220\clvertalc\cellx9326\clvertalc\cellx9628\clvertalc\cellx10683\clvertalc\cellx10796\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9221\clvertalb\cellx9327\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9221\clvertalb\cellx9327\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9221\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql FINANCING ACTIVITIES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9221\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Principal payments on term loans\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (27,625\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (20,750\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Principal payments on other indebtedness, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (1,269\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (1,109\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Deferred financing fees\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (500\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Payment for contingent consideration\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (23,203\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (9,405\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Payments of tax withholding for restricted shares\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (1,097\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (10,272\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Exercise of options\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,952\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9107\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9220\clvertalb\cellx9326\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Issuance of ordinary shares related to the employee stock purchase plan\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,434\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9107\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9220\clvertalb\cellx9326\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8052\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9628\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Net cash used in financing activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (53,194\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (38,650\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8052\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9628\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10683\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Effect of foreign exchange rate\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 1,444\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 2,967\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7736\clvertalb\cellx9107\clvertalb\cellx9220\clvertalb\cellx9326\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9107\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9220\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9326\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Movement in cash held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr (8,553\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 100,339\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr (50,380\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs19\ql )\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 517,250\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\qr 272,348\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql CASH AND CASH EQUIVALENTS, END OF PERIOD\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 617,589\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 221,968\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql SUPPLEMENTAL INFORMATION:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Cash paid into Qualified Settlement Funds for mesh legal settlements\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 243,344\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Cash paid out of Qualified Settlement Funds for mesh legal settlements\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 247,530\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 184,678\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Other cash distributions for mesh legal settlements\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,224\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,561\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs19\ql Accrual for purchases of property, plant and equipment\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,178\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs19\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs19\qr 1,897\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\b\qc ENDO INTERNATIONAL PLC\par\pard\plain\cf1\f51\fs20\b\qc NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)\par\pard\plain\cf1\f51\fs20\b\qc FOR THE THREE MONTHS ENDED MARCH\~31, 2017{\*\bkmkstart s3854ef73d0fb5d3796da2239000f80e}{\*\bkmkend s3854ef73d0fb5d3796da2239000f80e}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 1. BASIS OF PRESENTATION\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Endo International plc is an Ireland-domiciled, global specialty pharmaceutical company focused on generic and branded\plain\cf1\f51\fs20\ql pharmaceuticals. We aim to be the premier partner to healthcare professionals and payment providers, delivering an innovative\plain\cf1\f51\fs20\ql suite of generic and branded drugs to meet patients\u8217? needs.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Unless otherwise indicated or required by the context, references throughout to \u8220?Endo,\u8221? the\plain\cf1\f51\fs20\ql \u8220?Company,\u8221? \u8220?we,\u8221? \u8220?our,\u8221? or \u8220?us\u8221? refer to financial information and\plain\cf1\f51\fs20\ql transactions of Endo International plc and its consolidated subsidiaries.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The accompanying unaudited Condensed Consolidated Financial Statements of Endo International plc and its subsidiaries\plain\cf1\f51\fs20\ql have been prepared in accordance with United States (U.S.) generally accepted accounting principles (GAAP) for interim\plain\cf1\f51\fs20\ql financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange\plain\cf1\f51\fs20\ql Commission for interim financial information. Accordingly, they do not include all of the information and footnotes required by\plain\cf1\f51\fs20\ql GAAP for complete financial statements. In the opinion of management, the accompanying Condensed Consolidated Financial\plain\cf1\f51\fs20\ql Statements of Endo International plc and its subsidiaries, which are unaudited, include all normal and recurring adjustments\plain\cf1\f51\fs20\ql necessary for a fair statement of the Company\u8217?s financial position as of March\~31, 2017 and the results of our operations\plain\cf1\f51\fs20\ql and our cash flows for the periods presented. Operating results for the three months ended March 31, 2017 are not necessarily\plain\cf1\f51\fs20\ql indicative of the results that may be expected for the year ending December\~31, 2017. The year-end Condensed Consolidated\plain\cf1\f51\fs20\ql Balance Sheet data as of December\~31, 2016 was derived from the audited financial statements.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The information included in this Quarterly Report on Form 10-Q should be read in conjunction with our Consolidated\plain\cf1\f51\fs20\ql Financial Statements and accompanying notes included in our Annual Report on Form 10-K for the year ended December\~31,\plain\cf1\f51\fs20\ql 2016.{\*\bkmkstart s9743040afd0254f89dfd10df2ba2a57}{\*\bkmkend s9743040afd0254f89dfd10df2ba2a57}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 2. RECENT ACCOUNTING PRONOUNCEMENTS\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Recently Issued Accounting Pronouncements\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards update (ASU) No. 2014-09,\plain\cf1\f51\fs20\i\ql \u8220?Revenue from Contracts with Customers\u8221?\plain\cf1\f51\fs20\ql (ASU 2014-09). ASU 2014-09 represents a comprehensive new revenue\plain\cf1\f51\fs20\ql recognition model that requires a company to recognize revenue to depict the transfer of promised goods or services to customers\plain\cf1\f51\fs20\ql in an amount that reflects the consideration to which a company expects to be entitled to receive in exchange for those goods or\plain\cf1\f51\fs20\ql services. This ASU sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance\plain\cf1\f51\fs20\ql in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have\plain\cf1\f51\fs20\ql historically existed. In August 2015, the FASB issued ASU No. 2015-14, \u8220?\plain\cf1\f51\fs20\i\ql Revenue from Contracts with Customers (Topic\plain\cf1\f51\fs20\i\ql 606): Deferral of the Effective Date,\u8221?\plain\cf1\f51\fs20\ql which defers the effective date of ASU 2014-09 by one year, but permits companies\plain\cf1\f51\fs20\ql to adopt one year earlier if they choose (i.e., the original effective date). As such, ASU 2014-09 will be effective for annual and\plain\cf1\f51\fs20\ql interim reporting periods beginning after December 15, 2017. In March and April 2016, the FASB issued ASU No. 2016-08\plain\cf1\f51\fs20\i\ql \u8220?Revenue from Contracts with Customers (Topic 606): Principal versus Agent Consideration (Reporting Revenue Gross\plain\cf1\f51\fs20\i\ql versus Net)\u8221?\plain\cf1\f51\fs20\ql and ASU No. 2016-10\plain\cf1\f51\fs20\i\ql \u8220?Revenue from Contracts with Customers (Topic 606): Identifying Performance\plain\cf1\f51\fs20\i\ql Obligations and Licensing,\u8221?\plain\cf1\f51\fs20\ql respectively\plain\cf1\f51\fs20\i\ql ,\plain\cf1\f51\fs20\ql which clarifies the guidance on reporting revenue as a principal versus agent,\plain\cf1\f51\fs20\ql identifying performance obligations and accounting for intellectual property licenses. In addition, in May 2016, the FASB issued\plain\cf1\f51\fs20\ql ASU No. 2016-12\plain\cf1\f51\fs20\i\ql \u8220?Revenue from Contracts with Customers (Topic 606):\plain\cf1\f51\fs20\i\ql Narrow-Scope Improvements and Practical\plain\cf1\f51\fs20\i\ql Expedients,\u8221?\plain\cf1\f51\fs20\ql which amends certain narrow aspects of Topic 606, and in December 2016, the FASB issued ASU No.\plain\cf1\f51\fs20\ql 2016-20\plain\cf1\f51\fs20\i\ql \u8220?Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,\u8221?\plain\cf1\f51\fs20\ql which\plain\cf1\f51\fs20\ql amends certain narrow aspects of Topic 606.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company will adopt the new revenue recognition standards on January 1, 2018. The Company has established a\plain\cf1\f51\fs20\ql cross-functional implementation team consisting of representatives from across its business segments. The Company is currently\plain\cf1\f51\fs20\ql in the process of performing a diagnostic assessment of the impact of the standard on its contract portfolio by reviewing the\plain\cf1\f51\fs20\ql Company\u8217?s current accounting policies and practices to identify potential differences that would result from applying the\plain\cf1\f51\fs20\ql requirements of the new standard to its revenue contracts. In addition, during 2017 the Company plans to identify and implement,\plain\cf1\f51\fs20\ql if necessary, appropriate changes to its business processes, systems and controls to support recognition and disclosure under the\plain\cf1\f51\fs20\ql new standard. The implementation team intends to report the findings and progress of the project to the Company\u8217?s\plain\cf1\f51\fs20\ql management and the Audit Committee throughout the remainder of 2017. The Company is currently evaluating the impact of\plain\cf1\f51\fs20\ql ASU 2014-09 on the Company\u8217?s consolidated results of operations and financial position. In addition, the two permitted\plain\cf1\f51\fs20\ql transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each\plain\cf1\f51\fs20\ql prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period\plain\cf1\f51\fs20\ql shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized\plain\cf1\f51\fs20\ql at the date of initial application. The Company is currently evaluating which transition method it will elect.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2016, the FASB issued\~ASU No. 2016-02, \u8220?\plain\cf1\f51\fs20\i\ql Leases (Topic 842)\plain\cf1\f51\fs20\ql \u8221? (ASU 2016-02). ASU\plain\cf1\f51\fs20\ql 2016-02 establishes the principles to report transparent and economically neutral information about the assets and liabilities that\plain\cf1\f51\fs20\ql arise from leases. This guidance results in a more faithful representation of the rights and obligations arising from operating and\plain\cf1\f51\fs20\ql capital leases by requiring lessees to recognize the lease assets and lease liabilities that arise from leases in the statement of\plain\cf1\f51\fs20\ql financial position and to disclose qualitative and quantitative information about lease transactions, such as information about\plain\cf1\f51\fs20\ql variable lease payments and options to renew and terminate leases. ASU 2016-02 is effective for fiscal years beginning after\plain\cf1\f51\fs20\ql December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of ASU\plain\cf1\f51\fs20\ql 2016-02 on the Company\u8217?s consolidated results of operations and financial position.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In August 2016, the FASB issued ASU No. 2016-15 \u8220?\plain\cf1\f51\fs20\i\ql Classification of Certain Cash Receipts and Cash\plain\cf1\f51\fs20\i\ql Payments\plain\cf1\f51\fs20\ql \u8221? (ASU 2016-15). ASU 2016-15 addresses eight specific cash flow issues with the objective of reducing\plain\cf1\f51\fs20\ql diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU\plain\cf1\f51\fs20\ql 2016-15 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early\plain\cf1\f51\fs20\ql adoption is permitted in any interim or annual period but all of ASU 2016-15 must be adopted in the same period. The Company\plain\cf1\f51\fs20\ql is currently evaluating the impact of ASU 2016-15 on the Company\u8217?s consolidated statement of cash flows.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In November 2016, the FASB issued ASU No. 2016-18 \u8220?\plain\cf1\f51\fs20\i\ql Statement of Cash Flows (Topic 230) - Restricted\plain\cf1\f51\fs20\i\ql Cash\plain\cf1\f51\fs20\ql \u8221? (ASU 2016-18). ASU 2016-18 states that a statement of cash flows should explain the change during the period in\plain\cf1\f51\fs20\ql the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore,\plain\cf1\f51\fs20\ql amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents\plain\cf1\f51\fs20\ql when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ASU 2016-18\plain\cf1\f51\fs20\ql is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is\plain\cf1\f51\fs20\ql permitted, including adoption in an interim period, and all updates should be applied using a retrospective transition method. The\plain\cf1\f51\fs20\ql Company is currently evaluating the impact of ASU 2016-18 on the Company\u8217?s consolidated statement of cash flows.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Recently Adopted Accounting Pronouncements\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In July 2015, the FASB issued ASU No. 2015-11, \u8220?\plain\cf1\f51\fs20\i\ql Simplifying the Measurement of Inventory\plain\cf1\f51\fs20\ql \u8221? (ASU\plain\cf1\f51\fs20\ql 2015-11). ASU 2015-11 states that an entity should measure inventory at the lower of cost or net realizable value. Net realizable\plain\cf1\f51\fs20\ql value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal,\plain\cf1\f51\fs20\ql and transportation. For public entities, ASU 2015-11 is effective for fiscal years beginning after December 15, 2016, including\plain\cf1\f51\fs20\ql interim periods within those fiscal years. The Company adopted ASU 2015-11 on January 1, 2017 and the adoption did not\plain\cf1\f51\fs20\ql impact the Company\u8217?s consolidated results of operations and financial position.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In March 2016, the FASB issued ASU No. 2016-09\plain\cf1\f51\fs20\i\ql \u8220?Improvements to Employee Share-Based Payment\plain\cf1\f51\fs20\i\ql Accounting\u8221?\plain\cf1\f51\fs20\ql (ASU 2016-09). ASU 2016-09 changes how companies account for certain aspects of share-based payments\plain\cf1\f51\fs20\ql to employees including: (a) requiring all income tax effects of awards to be recognized in the income statement, rather than in\plain\cf1\f51\fs20\ql additional paid in capital, when the awards vest or are settled, (b) eliminating the requirement that excess tax benefits be realized\plain\cf1\f51\fs20\ql before companies can recognize them, (c) requiring companies to present excess tax benefits as an operating activity on the\plain\cf1\f51\fs20\ql statement of cash flows rather than as a financing activity, (d) increasing the amount an employer can withhold to cover income\plain\cf1\f51\fs20\ql taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer\u8217?s\plain\cf1\f51\fs20\ql statutory income tax withholding obligation, (e) requiring an employer to classify the cash paid to a tax authority when shares are\plain\cf1\f51\fs20\ql withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows and (f)\plain\cf1\f51\fs20\ql electing whether to account for forfeitures of share-based payments by (1) recognizing forfeitures of awards as they occur or (2)\plain\cf1\f51\fs20\ql estimating the number of awards expected to be forfeited and adjusting the estimate when it is likely to change, as is currently\plain\cf1\f51\fs20\ql required. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal\plain\cf1\f51\fs20\ql years. The Company adopted the new guidance on January 1, 2017 on a prospective basis, except for the provision requiring\plain\cf1\f51\fs20\ql companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing\plain\cf1\f51\fs20\ql activity, which was adopted retrospectively. As a result of the adoption, during the three months ended March 31, 2017, the\plain\cf1\f51\fs20\ql Company recognized $4.4 million of tax expense in its Condensed Consolidated Statement of Operations that would have been\plain\cf1\f51\fs20\ql recorded as additional paid-in capital prior to adoption. In addition, the Company retrospectively adjusted its statement of cash\plain\cf1\f51\fs20\ql flows for the three months ended March 31, 2016 to present an inflow of $4.1 million related to excess tax benefits as an\plain\cf1\f51\fs20\ql operating activity, rather than as a financing activity. The adoption of ASU 2016-09 did not impact beginning retained earnings\plain\cf1\f51\fs20\ql and the Company will continue to estimate forfeitures to determine the amount of compensation cost to be recognized in each\plain\cf1\f51\fs20\ql period. None of the other provisions in this amended guidance had a significant impact on the Company\u8217?s consolidated\plain\cf1\f51\fs20\ql financial statements.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In October 2016, the FASB issued ASU No. 2016-16 \u8220?\plain\cf1\f51\fs20\i\ql Intra-Entity Transfers of Assets Other Than\plain\cf1\f51\fs20\i\ql Inventory\plain\cf1\f51\fs20\ql \u8221? (ASU 2016-16). ASU 2016-16 states that an entity should recognize the income tax consequences when an\plain\cf1\f51\fs20\ql intra-entity transfer of an asset other than inventory occurs. ASU 2016-16 is effective for fiscal years beginning after December\plain\cf1\f51\fs20\ql 15, 2017 and interim periods within those fiscal years. Early adoption is permitted as long as it is adopted in the first interim\plain\cf1\f51\fs20\ql period of a fiscal year beginning after December 15, 2016. The Company early adopted ASU 2016-16 on January 1, 2017,\plain\cf1\f51\fs20\ql resulting in the elimination of previously recorded deferred charges that were established in 2016. Specifically, the Company\plain\cf1\f51\fs20\ql eliminated a $24.1 million current deferred charge and a $348.8 million non-current deferred charge that were reflected in our\plain\cf1\f51\fs20\ql Condensed Consolidated Balance Sheet at December 31, 2016 as Prepaid expenses and other current assets and Other assets,\plain\cf1\f51\fs20\ql respectively. The eliminations of these deferred charges were recorded as adjustments to retained earnings as of January 1, 2017.\plain\cf1\f51\fs20\ql On adoption, the Company also recorded net deferred tax assets, primarily related to certain intangibles and tax deductible\plain\cf1\f51\fs20\ql goodwill, of $479.7 million, fully offset by a corresponding valuation allowance.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2017, the FASB issued ASU No. 2017-01\plain\cf1\f51\fs20\i\ql \u8220?Business Combinations (Topic 805) - Clarifying the\plain\cf1\f51\fs20\i\ql Definition of a Business\u8221?\plain\cf1\f51\fs20\ql (ASU 2017-01). ASU 2017-01 clarifies the definition of a business with the objective of adding\plain\cf1\f51\fs20\ql guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or\plain\cf1\f51\fs20\ql businesses. The amendments in this update provide a screen to determine when an integrated set of assets and activities\plain\cf1\f51\fs20\ql (collectively referred to as a \u8220?set\u8221?), is not a business. The screen requires that when substantially all of the fair\plain\cf1\f51\fs20\ql value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable\plain\cf1\f51\fs20\ql assets, the set is not a business. This screen reduces the number of transactions that need to be further evaluated. ASU 2017-01\plain\cf1\f51\fs20\ql is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The\plain\cf1\f51\fs20\ql amendments in this update should be applied prospectively on or after the effective date. Early application of the amendments in\plain\cf1\f51\fs20\ql this update is allowed. The Company adopted this new standard on January 1, 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2017, the FASB issued ASU No. 2017-04\plain\cf1\f51\fs20\i\ql \u8220?Intangibles - Goodwill and Other (Topic 350): Simplifying\plain\cf1\f51\fs20\i\ql the Accounting for Goodwill Impairment\u8221?\plain\cf1\f51\fs20\ql (ASU 2017-04). ASU 2017-04 simplifies the subsequent measurement of\plain\cf1\f51\fs20\ql goodwill by eliminating Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2,\plain\cf1\f51\fs20\ql an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities\plain\cf1\f51\fs20\ql (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of\plain\cf1\f51\fs20\ql assets acquired and liabilities assumed in a business combination. Instead, under ASU 2017-04, an entity should perform its\plain\cf1\f51\fs20\ql annual or interim goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity\plain\cf1\f51\fs20\ql should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit\u8217?s fair\plain\cf1\f51\fs20\ql value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally,\plain\cf1\f51\fs20\ql an entity should consider the income tax effects of any tax deductible goodwill on the carrying amount of the reporting unit when\plain\cf1\f51\fs20\ql measuring the goodwill impairment loss, if applicable. ASU 2017-04 is effective for annual or any interim goodwill impairment\plain\cf1\f51\fs20\ql tests in fiscal years beginning after December 15, 2019 and an entity should apply the amendments of ASU 2017-04 on a\plain\cf1\f51\fs20\ql prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after\plain\cf1\f51\fs20\ql January 1, 2017. The Company adopted this standard on January 1, 2017.{\*\bkmkstart s29036adcc09e5a47a811514f7d9a856}{\*\bkmkend s29036adcc09e5a47a811514f7d9a856}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 3. DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql American Medical Systems\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql On February 24, 2015, the Company\u8217?s Board of Directors (Board of Directors) approved a plan to sell the\plain\cf1\f51\fs20\ql Company\u8217?s American Medical Systems Holdings, Inc. (AMS) business. The AMS business included the Men\u8217?s\plain\cf1\f51\fs20\ql Health and Prostate Health businesses, which were sold to Boston Scientific Corporation on August 3, 2015, as well as the\plain\cf1\f51\fs20\ql Women\u8217?s Health business (referred to herein as Astora). On February 24, 2016, the Company\u8217?s Board of Directors\plain\cf1\f51\fs20\ql resolved to wind-down the remaining Astora business as it did not align with the Company\u8217?s strategic direction and to\plain\cf1\f51\fs20\ql reduce Astora\u8217?s exposure to the mesh-related product liability. Astora ceased business operations on March 31, 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The operating results of this business are reported as Discontinued operations, net of tax in the Condensed Consolidated\plain\cf1\f51\fs20\ql Statements of Operations for all periods presented.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table provides the operating results of AMS Discontinued operations, net of tax for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 and 2016 (in thousands):
\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Revenue\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Litigation related and other contingencies, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 210\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Asset impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 21,179\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Income (loss) from discontinued operations before income taxes\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (12,897\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (68,832\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Income tax benefit\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (4,492\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (23,724\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8189\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9267\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9607\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10685\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8069\clvertalb\cellx8189\clvertalb\cellx9267\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx9607\clvertalb\cellx10685\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Discontinued operations, net of tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (8,405\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (45,108\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8069\clvertalb\cellx8189\clvertalb\cellx9267\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx9607\clvertalb\cellx10685\clvertalb\cellx10798\trrh281\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The cash flows from discontinued operating activities related to AMS included the impact of net losses of $8.4 million and\plain\cf1\f51\fs20\ql $45.1 million for the three months ended March 31, 2017 and 2016, respectively, and the impact of cash activity related to\plain\cf1\f51\fs20\ql vaginal mesh cases, which is further described in Note 11. Commitments and Contingencies. Net cash used in discontinued\plain\cf1\f51\fs20\ql investing activities related to AMS consisted of purchases of property, plant and equipment of $0.1 million for the three months\plain\cf1\f51\fs20\ql ended March 31, 2016, with no comparable amount during the three months ended March 31, 2017. There was no depreciation\plain\cf1\f51\fs20\ql or amortization during the three months ended March 31, 2017 or 2016 related to AMS.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Astora Restructuring\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Astora wind-down process included a restructuring initiative implemented during the three months ended March 31,\plain\cf1\f51\fs20\ql 2016, which included a reduction of the Astora workforce consisting of approximately 250 employees.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company did not incur any pre-tax charges during the three months ended March 31, 2017 as a result of the Astora\plain\cf1\f51\fs20\ql restructuring initiative. The Company incurred expenses of $60.7 million during the three months ended March 31, 2016,\plain\cf1\f51\fs20\ql consisting of employee separation and other benefit-related costs, asset impairment charges, contract termination charges and\plain\cf1\f51\fs20\ql other general restructuring costs. The Company anticipates there will be no significant additional pre-tax restructuring expenses\plain\cf1\f51\fs20\ql related to this initiative. The majority of these actions were completed as of September 30, 2016 and substantially all cash\plain\cf1\f51\fs20\ql payments will be made by June 30, 2017. These restructuring costs are included in Discontinued operations in the Condensed\plain\cf1\f51\fs20\ql Consolidated Statements of Operations.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql A summary of expenses related to the Astora restructuring initiative is included below for the three months ended March\plain\cf1\f51\fs20\ql 31, 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx9327\clvertalc\cellx9528\clvertalc\cellx10597\clvertalc\cellx10798\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx9327\clvertalc\cellx9528\clvertalc\cellx10597\clvertalc\cellx10798\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx9327\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh628
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Three Months\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Ended March 31,\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx9327\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh628\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9528\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Employee separation, retention and other benefit-related costs\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 16,149\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9528\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx9327\clvertalb\cellx10597\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Asset impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 21,179\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9327\clvertalb\cellx10597\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Contract termination charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,224\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx9327\clvertalb\cellx10597\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other wind down costs\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 13,121\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9327\clvertalb\cellx10597\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9528\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 60,673\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9327\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9528\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10597\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The liability related to the Astora restructuring initiative is included in Accounts payable and accrued expenses in the\plain\cf1\f51\fs20\ql Condensed Consolidated Balance Sheets. Changes to this liability during the three months ended March 31, 2017 were as follows\plain\cf1\f51\fs20\ql (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx5930\clvertalc\cellx6324\clvertalc\cellx7320\clvertalc\cellx7714\clvertalc\cellx7816\clvertalc\cellx8130\clvertalc\cellx9126\clvertalc\cellx9440\clvertalc\cellx9542\clvertalc\cellx9670\clvertalc\cellx10666\clvertalc\cellx10794\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx5930\clvertalc\cellx6324\clvertalc\cellx7320\clvertalc\cellx7714\clvertalc\cellx7816\clvertalc\cellx8130\clvertalc\cellx9126\clvertalc\cellx9440\clvertalc\cellx9542\clvertalc\cellx9670\clvertalc\cellx10666\clvertalc\cellx10794\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx5930\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7716\clvertalb\cellx7818\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9442\clvertalb\cellx9544\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh628
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Employee Separation\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc and Other\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Benefit-Related Costs\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Contract Termination\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Charges\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
{\trowd\trqc\clvertalb\cellx5930\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7716\clvertalb\cellx7818\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9442\clvertalb\cellx9544\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh628\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5930\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6324\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7320\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7816\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8130\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9126\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9440\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of January 1, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,855\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,661\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,516\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5930\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6324\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7320\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7816\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8130\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9126\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9440\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx5930\clvertalb\cellx7321\clvertalb\cellx7715\clvertalb\cellx7817\clvertalb\cellx9127\clvertalb\cellx9441\clvertalb\cellx9543\clvertalb\cellx10667\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,045\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (143\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,188\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx5930\clvertalb\cellx7321\clvertalb\cellx7715\clvertalb\cellx7817\clvertalb\cellx9127\clvertalb\cellx9441\clvertalb\cellx9543\clvertalb\cellx10667\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5930\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6324\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7320\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7816\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8130\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9126\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9440\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,810\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,518\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,328\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5930\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6324\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7320\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7816\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8130\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9126\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9440\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh298\row}}}\pard\plain\sb176\cf1\f51\fs20\b\i\ql Litha\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the fourth quarter of 2016, the Company initiated a process to sell its Litha Healthcare Group Limited and related\plain\cf1\f51\fs20\ql Sub-Sahara African business assets (Litha) and, on February 27, 2017, the Company entered into a definitive agreement to sell\plain\cf1\f51\fs20\ql Litha to Acino Pharma AG for up to $100 million in cash. The assets and liabilities of Litha are classified as held for sale in the\plain\cf1\f51\fs20\ql Condensed Consolidated Balance Sheets as of March\~31, 2017 and December\~31, 2016.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 9\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table provides the components of Assets and Liabilities held for sale of Litha as of March\~31, 2017 and\plain\cf1\f51\fs20\ql December\~31, 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx7496\clvertalc\cellx7736\clvertalc\cellx8781\clvertalc\cellx9021\clvertalc\cellx9125\clvertalc\cellx9442\clvertalc\cellx10478\clvertalc\cellx10795\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx7496\clvertalc\cellx7736\clvertalc\cellx8781\clvertalc\cellx9021\clvertalc\cellx9125\clvertalc\cellx9442\clvertalc\cellx10478\clvertalc\cellx10795\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx7496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9022\clvertalb\cellx9126\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc December\~31, 2016\cell{
{\trowd\trqc\clvertalb\cellx7496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9022\clvertalb\cellx9126\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Current assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 66,764\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 50,167\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Property, plant and equipment\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 3,515\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 3,527\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other intangibles, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 30,594\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 29,950\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 11,987\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 11,343\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Assets held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 112,860\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 94,987\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx7496\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7736\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8781\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx9442\clvertalb\cellx10478\clvertalb\cellx10795\trrh332
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Current liabilities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 31,386\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 18,642\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7496\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7736\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8781\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx9442\clvertalb\cellx10478\clvertalb\cellx10795\trrh332\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Deferred taxes\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other liabilities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5,696\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx7496\clvertalb\cellx8781\clvertalb\cellx9021\clvertalb\cellx9125\clvertalb\cellx10479\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Liabilities held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 37,149\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 24,338\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7736\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8781\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9021\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9125\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql Given that the sale of Litha does not represent a strategic shift in the Company\u8217?s business, the Company has not\plain\cf1\f51\fs20\ql classified the operations of this business as discontinued.{\*\bkmkstart s23c9ccb22c4354a392985694c7fa088}{\*\bkmkend s23c9ccb22c4354a392985694c7fa088}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 4. RESTRUCTURING\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql 2016 U.S. Generic Pharmaceuticals Restructuring\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As part of the ongoing U.S. Generic Pharmaceuticals integration efforts initiated in connection with the acquisition of Par\plain\cf1\f51\fs20\ql Pharmaceutical Holdings Inc. in September 2015, the Company announced a restructuring initiative in May 2016 to optimize its\plain\cf1\f51\fs20\ql product portfolio and rationalize its manufacturing sites to expand product margins (the 2016 U.S. Generic Pharmaceuticals\plain\cf1\f51\fs20\ql restructuring initiative). These measures included certain cost savings initiatives, including a reduction in headcount and the\plain\cf1\f51\fs20\ql disposal of our Charlotte, North Carolina manufacturing facility (the Charlotte facility). On October 31, 2016, we entered into a\plain\cf1\f51\fs20\ql definitive agreement to sell the Charlotte facility for proceeds of $14 million. The transaction closed in January 2017. The assets\plain\cf1\f51\fs20\ql of the Charlotte facility were classified as held for sale in the accompanying Condensed Consolidated Balance Sheet as of\plain\cf1\f51\fs20\ql December\~31, 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As a result of the 2016 U.S. Generic Pharmaceuticals restructuring initiative, the Company incurred charges of $1.6 million\plain\cf1\f51\fs20\ql and $127.2 million during the three months ended March 31, 2017 and 2016, respectively. The charges incurred during the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 related primarily to employee separation and other benefit-related costs. The charges incurred\plain\cf1\f51\fs20\ql during the three months ended March 31, 2016 consisted of certain intangible asset impairment charges of $100.3 million and\plain\cf1\f51\fs20\ql charges to increase excess inventory reserves of $26.9 million. These charges are included in the U.S. Generic Pharmaceuticals\plain\cf1\f51\fs20\ql segment and are included in Asset impairment charges, Cost of revenues and Selling, general and administrative expenses in the\plain\cf1\f51\fs20\ql Condensed Consolidated Statements of Operations. The Company expects to incur additional restructuring-related expenses of\plain\cf1\f51\fs20\ql approximately $0.3 million related to employee separation and other benefit-related costs. The Company anticipates these actions\plain\cf1\f51\fs20\ql will be completed by September 2017, with substantially all cash payments made by the end of 2017. Under this restructuring\plain\cf1\f51\fs20\ql initiative, separation costs are expensed ratably over the requisite service period, as applicable.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The liability related to the 2016 U.S. Generic Pharmaceuticals restructuring initiative is included in Accounts payable and\plain\cf1\f51\fs20\ql accrued expenses in the Condensed Consolidated Balance Sheets and is entirely related to employee separation and other\plain\cf1\f51\fs20\ql benefit-related costs. Changes to this liability during the three months ended March 31, 2017 were as follows (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
{\trowd\trqc\clvertalb\cellx9466\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9466\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10671\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10799\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of January 1, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 9,939\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx9466\clvertalb\cellx10671\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Expenses\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,598\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9466\clvertalb\cellx10671\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9466\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10671\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (7,202\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\cellx9466\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9594\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10671\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10799\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 4,335\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9466\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9594\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10671\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10799\trrh298\row}}}\pard\plain\sb176\cf1\f51\fs20\b\i\ql 2016 U.S. Branded Pharmaceutical Restructuring\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In December 2016, the Company announced that it was terminating its worldwide license and development agreement with\plain\cf1\f51\fs20\ql BioDelivery Sciences International, Inc. (BDSI) for BELBUCA\u8482? and returning the product to BDSI. This termination was\plain\cf1\f51\fs20\ql completed on January 6, 2017. As a result of this announcement and a comprehensive assessment of its product portfolio, the\plain\cf1\f51\fs20\ql Company restructured its U.S. Branded Pharmaceuticals segment sales organization during the fourth quarter of 2016 (the 2016\plain\cf1\f51\fs20\ql U.S. Branded restructuring initiative), which included the elimination of an approximate 375-member U.S. Branded\plain\cf1\f51\fs20\ql Pharmaceuticals pain field sales force and the termination of certain contracts.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 10\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company did not incur any pre-tax charges during the three months ended March 31, 2017 or 2016 as a result of the\plain\cf1\f51\fs20\ql 2016 U.S. Branded restructuring initiative. Actions related to this initiative were completed by December\~31, 2016 and\plain\cf1\f51\fs20\ql substantially all of the cash payments are anticipated to be made by the end of 2017. The Company does not expect to incur any\plain\cf1\f51\fs20\ql additional material pre-tax restructuring expenses related to this initiative.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The liability related to the 2016 U.S. Branded Pharmaceutical restructuring initiative is included in Accounts payable and\plain\cf1\f51\fs20\ql accrued expenses in the Condensed Consolidated Balance Sheets. Changes to this liability during the three months ended March\plain\cf1\f51\fs20\ql 31, 2017 were as follows (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx5909\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7706\clvertalb\cellx7808\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9430\clvertalb\cellx9532\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh628
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Employee Separation\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc and Other\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Benefit-Related Costs\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Contract Termination\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Charges\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5909\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6303\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7311\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7705\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7807\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8121\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9115\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9429\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9531\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9659\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10667\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of December 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 16,544\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,224\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 21,768\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (10,326\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (4,470\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (14,796\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5909\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6303\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7311\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7705\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7807\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8121\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9115\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9429\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9531\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9659\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10667\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 6,218\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 754\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 6,972\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of January 1, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Expenses\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 15,456\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (585\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\cellx9465\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9593\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10671\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10799\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Liability balance as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 14,871\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9465\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9593\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10671\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10799\trrh298\row}}}{\*\bkmkstart s13070fc948315cde970eb5b888b30fb}{\*\bkmkend s13070fc948315cde970eb5b888b30fb}\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 5. SEGMENT RESULTS\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The three reportable business segments in which the Company operates are: (1) U.S. Generic Pharmaceuticals, (2) U.S.\plain\cf1\f51\fs20\ql Branded Pharmaceuticals and (3) International Pharmaceuticals. These segments reflect the level at which the chief operating\plain\cf1\f51\fs20\ql decision maker regularly reviews financial information to assess performance and to make decisions about resources to be\plain\cf1\f51\fs20\ql allocated. Each segment derives revenue from the sales or licensing of its respective products and is discussed in more detail\plain\cf1\f51\fs20\ql below.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql We evaluate segment performance based on each segment\u8217?s adjusted income from continuing operations before\plain\cf1\f51\fs20\ql income tax, which we define as loss from continuing operations before income tax and before certain upfront and milestone\plain\cf1\f51\fs20\ql payments to partners; acquisition-related and integration items, including transaction costs, earn-out payments or adjustments,\plain\cf1\f51\fs20\ql changes in the fair value of contingent consideration and bridge financing costs; cost reduction and integration-related initiatives\plain\cf1\f51\fs20\ql such as separation benefits, retention payments, other exit costs and certain costs associated with integrating an acquired\plain\cf1\f51\fs20\ql company\u8217?s operations; excess costs that will be eliminated pursuant to integration plans; asset impairment charges;\plain\cf1\f51\fs20\ql amortization of intangible assets; inventory step-up recorded as part of our acquisitions; certain non-cash interest expense;\plain\cf1\f51\fs20\ql litigation-related and other contingent matters; gains or losses from early termination of debt; foreign currency gains or losses on\plain\cf1\f51\fs20\ql intercompany financing arrangements; and certain other items.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 11\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Certain of the corporate general and administrative expenses incurred by the Company are not attributable to any specific\plain\cf1\f51\fs20\ql segment. Accordingly, these costs are not allocated to any of the Company\u8217?s segments and are included in the results\plain\cf1\f51\fs20\ql below as \u8220?Corporate unallocated costs.\u8221? Interest income and expense are also considered corporate items and not\plain\cf1\f51\fs20\ql allocated to any of the Company\u8217?s segments. The Company\u8217?s consolidated adjusted income from continuing\plain\cf1\f51\fs20\ql operations before income tax is equal to the combined results of each of its segments less these unallocated corporate items.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The following represents selected information for the Company\u8217?s reportable segments for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 and 2016 (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
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{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9380\clvertalb\cellx9487\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Net revenues to external customers:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Generic Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 721,983\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 583,390\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Branded Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 250,159\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 308,813\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql International Pharmaceuticals (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 65,458\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 71,336\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total net revenues to external customers\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,037,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 963,539\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx10798\trrh371
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx10798\trrh371\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Adjusted income from continuing operations before income tax:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Generic Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 341,599\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 211,768\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Branded Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 129,492\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 168,781\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql International Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,882\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 21,754\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total segment adjusted income from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 485,973\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 402,303\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx579\clvertalc\cellx9668\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx579\clvertalc\cellx9668\trrh-66\row}}}
{\trowd\cellx579\cellx9668\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Revenues generated by our International Pharmaceuticals segment are primarily attributable to Canada, Latin America and South\plain\intbl\cf1\f51\fs16\ql Africa.\cell{
{\trowd\cellx579\cellx9668\trrh396\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql There were no material revenues from external customers attributed to an individual country outside of the United States\plain\cf1\f51\fs20\ql during the three months ended March 31, 2017 and 2016. There were no material tangible long-lived assets in an individual\plain\cf1\f51\fs20\ql foreign country as of March\~31, 2017 or December\~31, 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The table below provides reconciliations of our consolidated loss from continuing operations before income tax, which is\plain\cf1\f51\fs20\ql determined in accordance with U.S. GAAP, to our total segment adjusted income from continuing operations before income tax\plain\cf1\f51\fs20\ql for the three months ended March 31, 2017 and 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total consolidated loss from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (177,351\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (207,478\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Interest expense, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 111,999\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 116,793\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Corporate unallocated costs (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 47,468\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 36,280\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Amortization of intangible assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 263,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 211,669\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Inventory step-up and certain manufacturing costs that will be eliminated pursuant to\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql integration plans\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 115\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 68,476\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Upfront and milestone payments to partners\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 3,095\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,417\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Separation benefits and other cost reduction initiatives (2)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 22,670\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 38,456\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Impact of VOLTAREN\plain\intbl\li264\ri22\cf1\f51\fs18\ql\super \u174?\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql \~Gel generic competition\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (7,750\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Certain litigation-related charges, net (3)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 936\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5,200\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Asset impairment charges (4)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 203,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 129,625\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Acquisition-related and integration items (5)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,880\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 12,554\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Foreign currency impact related to the remeasurement of intercompany debt instruments\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,694\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,255\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Other, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,759\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (4,194\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total segment adjusted income from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 485,973\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 402,303\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh298\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx621\clvertalc\cellx10601\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx621\clvertalc\cellx10601\trrh-66\row}}}
{\trowd\cellx621\cellx10601\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Corporate unallocated costs include certain corporate overhead costs, such as headcount and facility expenses and certain other income and expenses.\cell{
{\trowd\cellx621\cellx10601\trrh198\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh990
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql Separation benefits and other cost reduction initiatives include employee separation costs of $20.8 million and $6.8 million for the three months ended\plain\intbl\cf1\f51\fs16\ql March 31, 2017 and 2016, respectively. During the three months ended March 31, 2017, there were other restructuring costs of $1.9 million. Other\plain\intbl\cf1\f51\fs16\ql amounts in the comparable 2016 period primarily consist of $26.9 million of inventory write-offs and $4.4 million of other restructuring costs. These\plain\intbl\cf1\f51\fs16\ql amounts were primarily recorded as Cost of revenues and Selling, general and administrative expense in our Condensed Consolidated Statements of\plain\intbl\cf1\f51\fs16\ql Operations. See Note 4. Restructuring for discussion of our material restructuring initiatives.\cell{
{\trowd\cellx630\cellx10800\trrh990\row}}}
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\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16
\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\cellx619\cellx10559\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (3)\cell\pard\plain\intbl\cf1\f51\fs16\ql These amounts include charges for Litigation-related and other contingencies, net as further described in Note 11. Commitments and Contingencies.\cell{
{\trowd\cellx619\cellx10559\trrh198\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (4)\cell\pard\plain\intbl\cf1\f51\fs16\ql Asset impairment charges primarily relate to charges to write down goodwill and intangible assets as further described in Note 8. Goodwill and Other\plain\intbl\cf1\f51\fs16\ql Intangibles.\cell{
{\trowd\cellx630\cellx10800\trrh396\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh792
\pard\plain\intbl\li286\cf1\f51\fs16\ql (5)\cell\pard\plain\intbl\cf1\f51\fs16\ql Acquisition-related and integration items include costs directly associated with previous acquisitions of $4.7 million and $23.2 million for three months\plain\intbl\cf1\f51\fs16\ql ended March 31, 2017 and 2016, respectively. In addition, during the three months ended March 31, 2017, there was a charge due to changes in fair\plain\intbl\cf1\f51\fs16\ql value of contingent consideration of $6.2 million. During the three months ended March 31, 2016, there was a benefit due to changes in the fair value\plain\intbl\cf1\f51\fs16\ql of contingent consideration of $10.7 million.\cell{
{\trowd\cellx630\cellx10800\trrh792\row}}}\pard\plain\sb176\fi528\cf1\f51\fs20\ql Asset information is not reviewed or included within our internal management reporting. Therefore, the Company has not\plain\cf1\f51\fs20\ql disclosed asset information for each reportable segment.{\*\bkmkstart s4881723c04125d3ba1117816f3da765}{\*\bkmkend s4881723c04125d3ba1117816f3da765}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 6. FAIR VALUE MEASUREMENTS \par\pard\plain\sb176\cf1\f51\fs20\b\ql Financial Instruments\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The financial instruments recorded in our Condensed Consolidated Balance Sheets include cash and cash equivalents\plain\cf1\f51\fs20\ql (including money market funds and time deposits), restricted cash and cash equivalents, accounts receivable, marketable\plain\cf1\f51\fs20\ql securities, equity and cost method investments, accounts payable and accrued expenses, acquisition-related contingent\plain\cf1\f51\fs20\ql consideration and debt obligations. Included in cash and cash equivalents and restricted cash and cash equivalents are money\plain\cf1\f51\fs20\ql market funds representing a type of mutual fund required by law to invest in low-risk securities (for example, U.S. government\plain\cf1\f51\fs20\ql bonds, U.S. Treasury Bills and commercial paper). Money market funds pay dividends that generally reflect short-term interest\plain\cf1\f51\fs20\ql rates. Due to their short-term maturity, the carrying amounts of non-restricted and restricted cash and cash equivalents (including\plain\cf1\f51\fs20\ql money market funds and time deposits), accounts receivable, accounts payable and accrued expenses approximate their fair\plain\cf1\f51\fs20\ql values.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Fair value guidance establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.\plain\cf1\f51\fs20\ql These tiers include:
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx698\clvertalc\cellx6935\trrh-66\row}}}
{\trowd\cellx698\cellx6935\trrh495
\pard\plain\intbl\li594\cf1\f51\fs20\ql \u8226?\cell\pard\plain\intbl\cf1\f51\fs20\ql Level 1\u8212?Quoted prices in active markets for identical assets or\plain\intbl\cf1\f51\fs20\ql liabilities.\cell{
{\trowd\cellx698\cellx6935\trrh495\row}}}
\pard\plain
{\trowd\clvertalc\cellx720\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx720\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx720\cellx10800\trrh742
\pard\plain\intbl\li594\cf1\f51\fs20\ql \u8226?\cell\pard\plain\intbl\cf1\f51\fs20\ql Level 2\u8212?Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for\plain\intbl\cf1\f51\fs20\ql similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be\plain\intbl\cf1\f51\fs20\ql corroborated by observable market data for substantially the full term of the assets or liabilities.\cell{
{\trowd\cellx720\cellx10800\trrh742\row}}}
\pard\plain
{\trowd\clvertalc\cellx720\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx720\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx720\cellx10800\trrh495
\pard\plain\intbl\li594\cf1\f51\fs20\ql \u8226?\cell\pard\plain\intbl\cf1\f51\fs20\ql Level 3\u8212?Unobservable inputs that are supported by little or no market activity and that are significant to the fair\plain\intbl\cf1\f51\fs20\ql value of the assets or liabilities.\cell{
{\trowd\cellx720\cellx10800\trrh495\row}}}\pard\plain\sb176\cf1\f51\fs20\b\i\ql Marketable Securities\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Equity securities consist of investments in the stock of publicly traded companies, the values of which are based on quoted\plain\cf1\f51\fs20\ql market prices and thus represent Level 1 measurements within the above-defined fair value hierarchy. These securities are not\plain\cf1\f51\fs20\ql held to support current operations and are therefore classified as non-current assets. Equity securities are included in Marketable\plain\cf1\f51\fs20\ql securities in our Condensed Consolidated Balance Sheets at March\~31, 2017 and December\~31, 2016.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql At the time of purchase, we classify our marketable securities as either available-for-sale securities or trading securities,\plain\cf1\f51\fs20\ql depending on our intent at that time. Available-for-sale and trading securities are carried at fair value with unrealized holding\plain\cf1\f51\fs20\ql gains and losses recorded within other comprehensive income or net income, respectively. The Company reviews any unrealized\plain\cf1\f51\fs20\ql losses associated with available-for-sale securities to determine the classification as a \u8220?temporary\u8221? or\plain\cf1\f51\fs20\ql \u8220?other-than-temporary\u8221? impairment. A temporary impairment results in an unrealized loss being recorded in other\plain\cf1\f51\fs20\ql comprehensive income. An impairment that is viewed as other-than-temporary is recognized in net income. The Company\plain\cf1\f51\fs20\ql considers various factors in determining the classification, including the length of time and extent to which the fair value has\plain\cf1\f51\fs20\ql been less than the Company\u8217?s cost basis, the financial condition and near-term prospects of the issuer or investee, and the\plain\cf1\f51\fs20\ql Company\u8217?s ability to hold the investment for a period of time sufficient to allow for any anticipated recovery in market\plain\cf1\f51\fs20\ql value.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Acquisition-Related Contingent Consideration\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The fair value of contingent consideration liabilities is determined using unobservable inputs; hence these instruments\plain\cf1\f51\fs20\ql represent Level 3 measurements within the above-defined fair value hierarchy. These inputs include the estimated amount and\plain\cf1\f51\fs20\ql timing of projected cash flows, the probability of success (achievement of the contingent event) and the risk-adjusted discount\plain\cf1\f51\fs20\ql rate used to present value the probability-weighted cash flows. Subsequent to the acquisition date, at each reporting period, the\plain\cf1\f51\fs20\ql contingent consideration liability is remeasured at current fair value with changes recorded in earnings. Changes in any of the\plain\cf1\f51\fs20\ql inputs may result in a significant adjustment to fair value. See Recurring Fair Value Measurements below for additional\plain\cf1\f51\fs20\ql information on acquisition-related contingent consideration.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 13\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\ql Recurring Fair Value Measurements\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The Company\u8217?s financial assets and liabilities measured at fair value on a recurring basis at March\~31, 2017 and\plain\cf1\f51\fs20\ql December\~31, 2016 were as follows (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx4386\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\sb22\sa22\cf1\f51\fs16\b\qc Fair Value Measurements at Reporting Date using:\cell{
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{\trowd\trqc\clvertalb\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6093\clvertalb\cellx6188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7700\clvertalb\cellx7795\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9508\clvertalb\cellx9603\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh843
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Quoted\~Prices\~in\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Active Markets for\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Identical Assets (Level\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 1)\~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc Significant\par\pard\plain\intbl\li132\ri22\sb22\cf1\f51\fs16\b\qc Other Observable\plain\intbl\li132\ri22\sa22\cf1\f51\fs16\b\qc Inputs (Level 2)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\cf1\f51\fs16\b\qc Significant\plain\intbl\li132\ri22\cf1\f51\fs16\b\qc Unobservable\plain\intbl\li132\ri22\sa22\cf1\f51\fs16\b\qc Inputs\~(Level\~3)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\b\ql Assets:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx4771\clvertalb\cellx5706\clvertalb\cellx6091\clvertalb\cellx6186\clvertalb\cellx6473\clvertalb\cellx7410\clvertalb\cellx7697\clvertalb\cellx7792\clvertalb\cellx8180\clvertalb\cellx9117\clvertalb\cellx9505\clvertalb\cellx9600\clvertalb\cellx9728\clvertalb\cellx10665\clvertalb\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\ql Money market funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 92,639\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 92,639\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5707\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6092\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6187\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7411\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7698\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7793\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9118\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9601\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\ql Time deposits\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 200,202\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 200,202\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\ql Equity securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,723\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,723\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 94,362\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 200,202\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 294,564\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx6093\clvertalb\cellx6188\clvertalb\cellx7700\clvertalb\cellx7795\clvertalb\cellx9508\clvertalb\cellx9603\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\b\ql Liabilities:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx6093\clvertalb\cellx6188\clvertalb\cellx7700\clvertalb\cellx7795\clvertalb\cellx9508\clvertalb\cellx9603\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-220\cf1\f51\fs20\ql Acquisition-related contingent\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql consideration\u8212?short-term\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 98,164\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 98,164\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-220\cf1\f51\fs20\ql Acquisition-related contingent\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql consideration\u8212?long-term\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 136,227\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 136,227\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-220\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 234,391\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 234,391\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql At March\~31, 2017, money market funds include $17.6 million in Qualified Settlement Funds to be disbursed to\plain\cf1\f51\fs20\ql mesh-related product liability claimants. See Note 11. Commitments and Contingencies for further discussion of our product\plain\cf1\f51\fs20\ql liability cases.
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx4386\clvertalc\cellx4771\clvertalc\cellx5706\clvertalc\cellx6091\clvertalc\cellx6186\clvertalc\cellx6473\clvertalc\cellx7410\clvertalc\cellx7697\clvertalc\cellx7792\clvertalc\cellx8180\clvertalc\cellx9117\clvertalc\cellx9505\clvertalc\cellx9600\clvertalc\cellx9728\clvertalc\cellx10665\clvertalc\cellx10793\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx4386\clvertalc\cellx4771\clvertalc\cellx5706\clvertalc\cellx6091\clvertalc\cellx6186\clvertalc\cellx6473\clvertalc\cellx7410\clvertalc\cellx7697\clvertalc\cellx7792\clvertalc\cellx8180\clvertalc\cellx9117\clvertalc\cellx9505\clvertalc\cellx9600\clvertalc\cellx9728\clvertalc\cellx10665\clvertalc\cellx10793\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx4386\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc Fair Value Measurements at Reporting Date using:\cell{
{\trowd\trqc\clvertalb\cellx4386\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4386\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6093\clvertalb\cellx6188\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7700\clvertalb\cellx7795\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9508\clvertalb\cellx9603\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh826
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql December\~31, 2016\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Quoted\~Prices\~in\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Active Markets for\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Identical Assets (Level\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 1)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Significant Other\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Observable Inputs\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Level 2)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Significant\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Unobservable\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Inputs\~(Level\~3)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
{\trowd\trqc\clvertalb\cellx4386\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6093\clvertalb\cellx6188\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7700\clvertalb\cellx7795\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9508\clvertalb\cellx9603\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh826\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6093\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6188\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7700\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7795\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9508\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9603\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\b\ql Assets:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6093\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6188\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7700\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7795\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9508\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9603\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx4771\clvertalb\cellx5706\clvertalb\cellx6091\clvertalb\cellx6186\clvertalb\cellx6473\clvertalb\cellx7410\clvertalb\cellx7697\clvertalb\cellx7792\clvertalb\cellx8180\clvertalb\cellx9117\clvertalb\cellx9505\clvertalb\cellx9600\clvertalb\cellx9728\clvertalb\cellx10665\clvertalb\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Money market funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx4771\clvertalb\cellx5706\clvertalb\cellx6091\clvertalb\cellx6186\clvertalb\cellx6473\clvertalb\cellx7410\clvertalb\cellx7697\clvertalb\cellx7792\clvertalb\cellx8180\clvertalb\cellx9117\clvertalb\cellx9505\clvertalb\cellx9600\clvertalb\cellx9728\clvertalb\cellx10665\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5707\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6092\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6187\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7411\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7698\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7793\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9118\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9601\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Time deposits\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 100,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 100,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5707\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6092\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6187\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7411\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7698\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7793\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9118\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9601\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Equity securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,267\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,267\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 28,477\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 100,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 128,477\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx6093\clvertalb\cellx6188\clvertalb\cellx7700\clvertalb\cellx7795\clvertalb\cellx9508\clvertalb\cellx9603\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\b\ql Liabilities:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx6093\clvertalb\cellx6188\clvertalb\cellx7700\clvertalb\cellx7795\clvertalb\cellx9508\clvertalb\cellx9603\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Acquisition-related contingent\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql consideration\u8212?short-term\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 109,373\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 109,373\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Acquisition-related contingent\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql consideration\u8212?long-term\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 152,740\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 152,740\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4386\clvertalb\cellx5707\clvertalb\cellx6092\clvertalb\cellx6187\clvertalb\cellx7411\clvertalb\cellx7698\clvertalb\cellx7793\clvertalb\cellx9118\clvertalb\cellx9506\clvertalb\cellx9601\clvertalb\cellx10666\clvertalb\cellx10794\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 262,113\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 262,113\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4386\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5706\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6091\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6186\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7410\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7697\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7792\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8180\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9117\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9505\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9600\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9728\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10665\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql At December\~31, 2016, money market funds include $26.2 million in Qualified Settlement Funds to be disbursed to\plain\cf1\f51\fs20\ql mesh-related product liability claimants. See Note 11. Commitments and Contingencies for further discussion of our product\plain\cf1\f51\fs20\ql liability cases.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Fair Value Measurements Using Significant Unobservable Inputs\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The following table presents changes to the Company\u8217?s liability for acquisition-related contingent consideration,\plain\cf1\f51\fs20\ql which was measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 and 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Beginning of period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 262,113\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 143,502\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Amounts settled\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (34,091\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (9,474\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Changes in fair value recorded in earnings\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6,184\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (10,688\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Effect of currency translation\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 185\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,171\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql End of period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 234,391\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 124,511\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 14\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The fair value measurement of the contingent consideration obligations was determined using risk-adjusted discount rates\plain\cf1\f51\fs20\ql ranging from 3% to 22%. Changes in fair value recorded in earnings related to acquisition-related contingent consideration are\plain\cf1\f51\fs20\ql included in our Condensed Consolidated Statements of Operations as Acquisition-related and integration items, and amounts\plain\cf1\f51\fs20\ql recorded for the short-term and long-term portions of acquisition-related contingent consideration are included in Accounts\plain\cf1\f51\fs20\ql payable and accrued expenses and Other liabilities, respectively, in our Condensed Consolidated Balance Sheets.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table presents changes to the Company\u8217?s liability for acquisition-related contingent consideration\plain\cf1\f51\fs20\ql during the three months ended March\~31, 2017 by acquisition (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx3105\clvertalc\cellx3362\clvertalc\cellx4321\clvertalc\cellx4578\clvertalc\cellx4674\clvertalc\cellx4962\clvertalc\cellx5920\clvertalc\cellx6208\clvertalc\cellx6304\clvertalc\cellx6621\clvertalc\cellx7541\clvertalc\cellx7858\clvertalc\cellx7954\clvertalc\cellx8182\clvertalc\cellx9132\clvertalc\cellx9360\clvertalc\cellx9456\clvertalc\cellx9643\clvertalc\cellx10602\clvertalc\cellx10789\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx3105\clvertalc\cellx3362\clvertalc\cellx4321\clvertalc\cellx4578\clvertalc\cellx4674\clvertalc\cellx4962\clvertalc\cellx5920\clvertalc\cellx6208\clvertalc\cellx6304\clvertalc\cellx6621\clvertalc\cellx7541\clvertalc\cellx7858\clvertalc\cellx7954\clvertalc\cellx8182\clvertalc\cellx9132\clvertalc\cellx9360\clvertalc\cellx9456\clvertalc\cellx9643\clvertalc\cellx10602\clvertalc\cellx10789\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx3105\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4580\clvertalb\cellx4676\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6210\clvertalb\cellx6306\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7860\clvertalb\cellx7956\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9363\clvertalb\cellx9459\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh628
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc December 31, 2016\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Acquisitions\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Fair Value\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Adjustments and\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Accretion\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Payments and\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Other\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc March 31, 2017\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3362\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4321\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4674\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4962\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5920\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6208\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6304\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6621\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7541\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7858\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7954\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8182\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9132\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9360\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9456\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9643\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10602\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10789\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Auxilium acquisition\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 21,097\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,078\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,042\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 16,977\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3362\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4321\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4674\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4962\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5920\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6208\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6304\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6621\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7541\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7858\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7954\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8182\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9132\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9360\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9456\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9643\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10602\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10789\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3105\clvertalb\cellx4322\clvertalb\cellx4579\clvertalb\cellx4675\clvertalb\cellx5921\clvertalb\cellx6209\clvertalb\cellx6305\clvertalb\cellx7542\clvertalb\cellx7859\clvertalb\cellx7955\clvertalb\cellx9133\clvertalb\cellx9361\clvertalb\cellx9457\clvertalb\cellx10604\clvertalb\cellx10791\trrh529
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\ql Lehigh Valley Technologies, Inc.\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\ql acquisitions\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 96,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 11,486\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (20,786\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 86,700\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3105\clvertalb\cellx4322\clvertalb\cellx4579\clvertalb\cellx4675\clvertalb\cellx5921\clvertalb\cellx6209\clvertalb\cellx6305\clvertalb\cellx7542\clvertalb\cellx7859\clvertalb\cellx7955\clvertalb\cellx9133\clvertalb\cellx9361\clvertalb\cellx9457\clvertalb\cellx10604\clvertalb\cellx10791\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4322\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4579\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4675\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5921\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6209\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7542\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7859\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7955\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9133\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9361\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9457\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh281
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\ql VOLTAREN\plain\intbl\li22\ri22\cf1\f51\fs18\b\ql\super \u174?\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\ql \~Gel acquisition\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 118,395\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (476\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (10,128\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 107,791\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4322\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4579\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4675\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5921\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6209\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7542\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7859\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7955\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9133\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9361\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9457\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3105\clvertalb\cellx4322\clvertalb\cellx4579\clvertalb\cellx4675\clvertalb\cellx5921\clvertalb\cellx6209\clvertalb\cellx6305\clvertalb\cellx7542\clvertalb\cellx7859\clvertalb\cellx7955\clvertalb\cellx9133\clvertalb\cellx9361\clvertalb\cellx9457\clvertalb\cellx10604\clvertalb\cellx10791\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 26,621\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,748\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (950\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 22,923\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3105\clvertalb\cellx4322\clvertalb\cellx4579\clvertalb\cellx4675\clvertalb\cellx5921\clvertalb\cellx6209\clvertalb\cellx6305\clvertalb\cellx7542\clvertalb\cellx7859\clvertalb\cellx7955\clvertalb\cellx9133\clvertalb\cellx9361\clvertalb\cellx9457\clvertalb\cellx10604\clvertalb\cellx10791\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3362\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4321\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4674\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4962\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5920\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6208\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6304\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7541\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7858\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7954\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8182\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9132\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9360\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9456\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9643\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10602\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10789\trrh298
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 262,113\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 6,184\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (33,906\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 234,391\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3105\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3362\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4321\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4674\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4962\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5920\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6208\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6304\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6621\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7541\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7858\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7954\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8182\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9132\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9360\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9456\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9643\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10602\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10789\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following is a summary of available-for-sale securities held by the Company at March\~31, 2017 and December\~31,\plain\cf1\f51\fs20\ql 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx4599\clvertalc\cellx4848\clvertalc\cellx5830\clvertalc\cellx6079\clvertalc\cellx6183\clvertalc\cellx6458\clvertalc\cellx7458\clvertalc\cellx7733\clvertalc\cellx7837\clvertalc\cellx8112\clvertalc\cellx9112\clvertalc\cellx9387\clvertalc\cellx9491\clvertalc\cellx9651\clvertalc\cellx10633\clvertalc\cellx10793\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx4599\clvertalc\cellx4848\clvertalc\cellx5830\clvertalc\cellx6079\clvertalc\cellx6183\clvertalc\cellx6458\clvertalc\cellx7458\clvertalc\cellx7733\clvertalc\cellx7837\clvertalc\cellx8112\clvertalc\cellx9112\clvertalc\cellx9387\clvertalc\cellx9491\clvertalc\cellx9651\clvertalc\cellx10633\clvertalc\cellx10793\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Available-for-sale\cell{
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6080\clvertalb\cellx6184\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7735\clvertalb\cellx7839\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9390\clvertalb\cellx9494\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh430
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Amortized Cost\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Gross Unrealized\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Gains\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Gross Unrealized\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Losses)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Fair Value\cell{
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6080\clvertalb\cellx6184\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7735\clvertalb\cellx7839\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9390\clvertalb\cellx9494\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh430\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Money market funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 92,639\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 92,639\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4848\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5830\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6079\clvertalb\cellx6183\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6458\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7458\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7733\clvertalb\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8112\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9112\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9387\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9651\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10633\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\i\ql Total included in cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 75,012\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 75,012\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4848\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5830\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6079\clvertalb\cellx6183\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6458\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7458\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7733\clvertalb\cellx7837\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8112\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9112\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9387\clvertalb\cellx9491\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9651\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10633\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\i\ql Total included in restricted cash and cash\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\i\ql equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 17,627\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 17,627\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx4599\clvertalb\cellx4848\clvertalb\cellx5830\clvertalb\cellx6079\clvertalb\cellx6183\clvertalb\cellx6458\clvertalb\cellx7458\clvertalb\cellx7733\clvertalb\cellx7837\clvertalb\cellx8112\clvertalb\cellx9112\clvertalb\cellx9387\clvertalb\cellx9491\clvertalb\cellx9651\clvertalb\cellx10633\clvertalb\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Equity securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,766\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (43\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,723\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4599\clvertalb\cellx4848\clvertalb\cellx5830\clvertalb\cellx6079\clvertalb\cellx6183\clvertalb\cellx6458\clvertalb\cellx7458\clvertalb\cellx7733\clvertalb\cellx7837\clvertalb\cellx8112\clvertalb\cellx9112\clvertalb\cellx9387\clvertalb\cellx9491\clvertalb\cellx9651\clvertalb\cellx10633\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\i\ql Long-term available-for-sale securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,766\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (43\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,723\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4848\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5830\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6079\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6183\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7458\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9387\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9491\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9651\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx4575\clvertalc\cellx4824\clvertalc\cellx5821\clvertalc\cellx6070\clvertalc\cellx6173\clvertalc\cellx6448\clvertalc\cellx7445\clvertalc\cellx7720\clvertalc\cellx7823\clvertalc\cellx8098\clvertalc\cellx9095\clvertalc\cellx9370\clvertalc\cellx9473\clvertalc\cellx9633\clvertalc\cellx10630\clvertalc\cellx10790\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx4575\clvertalc\cellx4824\clvertalc\cellx5821\clvertalc\cellx6070\clvertalc\cellx6173\clvertalc\cellx6448\clvertalc\cellx7445\clvertalc\cellx7720\clvertalc\cellx7823\clvertalc\cellx8098\clvertalc\cellx9095\clvertalc\cellx9370\clvertalc\cellx9473\clvertalc\cellx9633\clvertalc\cellx10630\clvertalc\cellx10790\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Available-for-sale\cell{
{\trowd\trqc\clvertalb\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6072\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6175\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7724\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7827\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9376\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh447
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql December\~31, 2016\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Amortized Cost\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Gross Unrealized\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Gains\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Gross Unrealized\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Losses)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Fair Value\cell{
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6072\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6175\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7724\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7827\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9376\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh447\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Money market funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4824\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5821\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6070\clvertalb\cellx6173\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6448\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7445\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7720\clvertalb\cellx7823\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8098\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9095\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9370\clvertalb\cellx9473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10630\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10790\trrh298
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\i\ql Total included in cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4824\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5821\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6070\clvertalb\cellx6173\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6448\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7445\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7720\clvertalb\cellx7823\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8098\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9095\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9370\clvertalb\cellx9473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10630\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10790\trrh298\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh529
\pard\plain\intbl\li462\ri22\sb22\cf1\f51\fs20\i\ql Total included in restricted cash and cash\plain\intbl\li462\ri22\sa22\cf1\f51\fs20\i\ql equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,210\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4824\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5821\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6070\clvertalb\cellx6173\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6448\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7445\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7720\clvertalb\cellx7823\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8098\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9095\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9370\clvertalb\cellx9473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10630\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10790\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Equity securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,766\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 501\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,267\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4575\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4824\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5821\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6070\clvertalb\cellx6173\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6448\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7445\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7720\clvertalb\cellx7823\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8098\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9095\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9370\clvertalb\cellx9473\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9633\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10630\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10790\trrh298\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\i\ql Long-term available-for-sale securities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,766\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 501\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,267\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4575\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4824\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5821\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6173\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6448\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7445\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7720\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7823\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8098\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9095\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9370\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9473\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9633\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10630\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh281\row}}}\pard\plain\sb176\cf1\f51\fs20\b\i\ql Nonrecurring Fair Value Measurements\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company\u8217?s financial assets and liabilities measured at fair value on a nonrecurring basis as of March\~31, 2017\plain\cf1\f51\fs20\ql were as follows (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx4214\clvertalc\cellx4546\clvertalc\cellx5510\clvertalc\cellx5738\clvertalc\cellx5843\clvertalc\cellx6175\clvertalc\cellx7139\clvertalc\cellx7426\clvertalc\cellx7531\clvertalc\cellx7871\clvertalc\cellx8837\clvertalc\cellx9177\clvertalc\cellx9274\clvertalc\cellx9592\clvertalc\cellx10576\clvertalc\cellx10792\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx4214\clvertalc\cellx4546\clvertalc\cellx5510\clvertalc\cellx5738\clvertalc\cellx5843\clvertalc\cellx6175\clvertalc\cellx7139\clvertalc\cellx7426\clvertalc\cellx7531\clvertalc\cellx7871\clvertalc\cellx8837\clvertalc\cellx9177\clvertalc\cellx9274\clvertalc\cellx9592\clvertalc\cellx10576\clvertalc\cellx10792\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx4214\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9182\clvertalb\cellx9279\clvertalb\clvmgf\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Fair Value Measurements at Reporting Date using:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Total Expense for\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc the Three Months\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Ended March 31,\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 2017\cell{
{\trowd\trqc\clvertalb\cellx4214\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9182\clvertalb\cellx9279\clvertalb\clvmgf\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4214\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5739\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5844\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7428\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7533\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\clvmrg\cellx10796\trrh843
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Quoted Prices\~in\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Active Markets for\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Identical Assets\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Level\~1)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\cf1\f51\fs16\b\qc Significant Other\plain\intbl\li132\ri22\cf1\f51\fs16\b\qc Observable Inputs\plain\intbl\li132\ri22\sa22\cf1\f51\fs16\b\qc (Level 2)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\cf1\f51\fs16\b\qc Significant\plain\intbl\li132\ri22\cf1\f51\fs16\b\qc Unobservable Inputs\plain\intbl\li132\ri22\sa22\cf1\f51\fs16\b\qc (Level 3)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx4214\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5739\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5844\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7428\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7533\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\clvmrg\cellx10796\trrh843\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql Assets:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx4214\clvertalb\cellx5511\clvertalb\cellx5739\clvertalb\cellx5844\clvertalb\cellx7141\clvertalb\cellx7428\clvertalb\cellx7533\clvertalb\cellx8840\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\cellx10580\clvertalb\cellx10796\trrh529
\pard\plain\intbl\li264\ri22\sb22\cf1\f51\fs20\ql Certain U.S. Generic Pharmaceuticals\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql intangible assets (Note 8)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 27,992\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (72,700\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx4214\clvertalb\cellx5511\clvertalb\cellx5739\clvertalb\cellx5844\clvertalb\cellx7141\clvertalb\cellx7428\clvertalb\cellx7533\clvertalb\cellx8840\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\cellx10580\clvertalb\cellx10796\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7141\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8840\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10580\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529
\pard\plain\intbl\li264\ri22\sb22\cf1\f51\fs20\ql Certain International Pharmaceuticals\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql intangible assets (Note 8)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (46,206\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5511\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7141\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8840\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10580\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx4214\clvertalb\cellx5511\clvertalb\cellx5739\clvertalb\cellx5844\clvertalb\cellx7141\clvertalb\cellx7428\clvertalb\cellx7533\clvertalb\cellx8840\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\cellx10580\clvertalb\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\cf1\f51\fs20\ql Paladin reporting unit goodwill (Note 8)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 84,881\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (82,602\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx4214\clvertalb\cellx5511\clvertalb\cellx5739\clvertalb\cellx5844\clvertalb\cellx7141\clvertalb\cellx7428\clvertalb\cellx7533\clvertalb\cellx8840\clvertalb\cellx9180\clvertalb\cellx9277\clvertalb\cellx10580\clvertalb\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5511\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7141\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8840\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10580\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\cf1\f51\fs20\ql Certain property, plant and equipment\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,454\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4214\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5511\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5844\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7141\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7428\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7533\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8840\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9180\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9277\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10580\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx4214\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx4546\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx5510\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx5738\clvertalb\cellx5843\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx6175\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7139\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7426\clvertalb\cellx7531\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7871\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9177\clvertalb\cellx9274\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9592\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10576\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10792\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 112,873\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (203,962\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx4214\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx4546\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx5510\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx5738\clvertalb\cellx5843\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx6175\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7139\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7426\clvertalb\cellx7531\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7871\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8837\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9177\clvertalb\cellx9274\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9592\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10576\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10792\trrh298\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 15\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s7561ac23307a5996a37b22d1b39c0f3}{\*\bkmkend s7561ac23307a5996a37b22d1b39c0f3}
\par\pard\plain\fs16\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 7. INVENTORIES\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Inventories consist of the following at March\~31, 2017 and December\~31, 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx7493\clvertalc\cellx7733\clvertalc\cellx8775\clvertalc\cellx9015\clvertalc\cellx9119\clvertalc\cellx9436\clvertalc\cellx10478\clvertalc\cellx10795\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx7493\clvertalc\cellx7733\clvertalc\cellx8775\clvertalc\cellx9015\clvertalc\cellx9119\clvertalc\cellx9436\clvertalc\cellx10478\clvertalc\cellx10795\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx7493\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9016\clvertalb\cellx9120\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc December\~31, 2016\cell{
{\trowd\trqc\clvertalb\cellx7493\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9016\clvertalb\cellx9120\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7493\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8775\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9015\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9119\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9436\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Raw materials (1)\cell\pard\plain\intbl\li264\sb22\sa22\fi-264\cf1\f51\fs20\ql $\cell\pard\plain\intbl\li264\sb22\sa22\cf1\f51\fs20\qr 159,613\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li264\sb22\sa22\fi-264\cf1\f51\fs20\ql $\cell\pard\plain\intbl\li264\sb22\sa22\cf1\f51\fs20\qr 175,240\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7493\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7733\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8775\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9015\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9119\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9436\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10478\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat7\clcbpat7\cellx7493\clvertalb\cellx8776\clvertalb\cellx9016\clvertalb\cellx9120\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Work-in-process (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 112,534\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 100,494\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat7\clcbpat7\cellx7493\clvertalb\cellx8776\clvertalb\cellx9016\clvertalb\cellx9120\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7493\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8776\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9016\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9120\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Finished goods (1)\cell\pard\plain\intbl\li264\sb22\sa22\cf1\f51\fs20\qr 276,991\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li264\sb22\sa22\cf1\f51\fs20\qr 279,937\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7493\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8776\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9016\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9120\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10480\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat7\clcbpat7\cellx7493\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7733\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8775\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9015\clvertalb\cellx9119\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9436\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10478\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10795\trrh298
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 549,138\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 555,671\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat7\clcbpat7\cellx7493\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7733\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8775\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9015\clvertalb\cellx9119\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9436\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10478\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10795\trrh298\row}}}\pard\plain\cf1\f51\fs20\ql __________\par\pard\plain\li682\fi-396\cf1\f51\fs16\ql (1) The components of inventory shown in the table above are net of allowance for obsolescence.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Inventory that is in excess of the amount expected to be sold within one year, which relates primarily to XIAFLEX\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql inventory, is classified as long-term inventory and is not included in the table above. At March\~31, 2017 and December\~31,\plain\cf1\f51\fs20\ql 2016, $25.1 million and $22.9 million, respectively, of long-term inventory was included in Other assets in the Condensed\plain\cf1\f51\fs20\ql Consolidated Balance Sheets. As of March\~31, 2017 and December\~31, 2016, the Company\u8217?s Condensed Consolidated\plain\cf1\f51\fs20\ql Balance Sheets included approximately $12.3 million and $16.8 million, respectively, of capitalized pre-launch inventories\plain\cf1\f51\fs20\ql related to generic products that were not yet available to be sold.{\*\bkmkstart sf67ccbc36136504baab7f777500b6e4}{\*\bkmkend sf67ccbc36136504baab7f777500b6e4}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 8. GOODWILL AND OTHER INTANGIBLES\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Goodwill\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Changes in the carrying amount of our goodwill for the three months ended March 31, 2017 were as follows (in\plain\cf1\f51\fs20\ql thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx3898\clvertalc\cellx4303\clvertalc\cellx5296\clvertalc\cellx5701\clvertalc\cellx5796\clvertalc\cellx6201\clvertalc\cellx7194\clvertalc\cellx7599\clvertalc\cellx7694\clvertalc\cellx8099\clvertalc\cellx9042\clvertalc\cellx9447\clvertalc\cellx9542\clvertalc\cellx9670\clvertalc\cellx10663\clvertalc\cellx10791\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx3898\clvertalc\cellx4303\clvertalc\cellx5296\clvertalc\cellx5701\clvertalc\cellx5796\clvertalc\cellx6201\clvertalc\cellx7194\clvertalc\cellx7599\clvertalc\cellx7694\clvertalc\cellx8099\clvertalc\cellx9042\clvertalc\cellx9447\clvertalc\cellx9542\clvertalc\cellx9670\clvertalc\cellx10663\clvertalc\cellx10791\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx3898\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Carrying Amount\cell{
{\trowd\trqc\clvertalb\cellx3898\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5703\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5798\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7603\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7698\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9453\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9548\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh447
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc U.S. Generic\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc U.S. Branded\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc International\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
{\trowd\trqc\clvertalb\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5703\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5798\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7603\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7698\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9453\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9548\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh447\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4303\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5296\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5701\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5796\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6201\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7194\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7694\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9042\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9447\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10663\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Goodwill as of December 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,531,301\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,009,248\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 188,846\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 4,729,395\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4303\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5296\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5701\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5796\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6201\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7194\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7694\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9042\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9447\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10663\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx3898\clvertalb\cellx5297\clvertalb\cellx5702\clvertalb\cellx5797\clvertalb\cellx7196\clvertalb\cellx7601\clvertalb\cellx7696\clvertalb\cellx9045\clvertalb\cellx9450\clvertalb\cellx9545\clvertalb\cellx10666\clvertalb\cellx10794\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Effect of currency translation on gross\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql balance\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,448\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,448\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3898\clvertalb\cellx5297\clvertalb\cellx5702\clvertalb\cellx5797\clvertalb\cellx7196\clvertalb\cellx7601\clvertalb\cellx7696\clvertalb\cellx9045\clvertalb\cellx9450\clvertalb\cellx9545\clvertalb\cellx10666\clvertalb\cellx10794\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5297\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5702\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5797\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7196\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7601\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7696\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9045\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9450\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9545\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Effect of currency translation on accumulated\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql impairment\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (6,914\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (6,914\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5297\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5702\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5797\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7196\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7601\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7696\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9045\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9450\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9545\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10666\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx3898\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5297\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5702\clvertalb\cellx5797\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7196\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7601\clvertalb\cellx7696\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9045\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9450\clvertalb\cellx9545\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10666\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Goodwill impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (82,602\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (82,602\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx3898\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5297\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5702\clvertalb\cellx5797\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7196\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7601\clvertalb\cellx7696\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9045\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9450\clvertalb\cellx9545\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10666\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4303\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5296\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5701\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5796\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6201\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7194\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7694\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9042\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9447\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10663\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Goodwill as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,531,301\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,009,248\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 109,778\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 4,650,327\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3898\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4303\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5296\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5701\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5796\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6201\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7194\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7694\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9042\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9447\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9542\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9670\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10663\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The carrying amount of goodwill at March\~31, 2017 and December\~31, 2016 is net of the following accumulated\plain\cf1\f51\fs20\ql impairments:
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx3933\clvertalc\cellx4338\clvertalc\cellx5334\clvertalc\cellx5739\clvertalc\cellx5834\clvertalc\cellx6239\clvertalc\cellx7186\clvertalc\cellx7591\clvertalc\cellx7686\clvertalc\cellx8091\clvertalc\cellx9038\clvertalc\cellx9443\clvertalc\cellx9538\clvertalc\cellx9666\clvertalc\cellx10662\clvertalc\cellx10790\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx3933\clvertalc\cellx4338\clvertalc\cellx5334\clvertalc\cellx5739\clvertalc\cellx5834\clvertalc\cellx6239\clvertalc\cellx7186\clvertalc\cellx7591\clvertalc\cellx7686\clvertalc\cellx8091\clvertalc\cellx9038\clvertalc\cellx9443\clvertalc\cellx9538\clvertalc\cellx9666\clvertalc\cellx10662\clvertalc\cellx10790\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx3933\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Accumulated Impairment\cell{
{\trowd\trqc\clvertalb\cellx3933\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3933\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5740\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5835\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7594\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7689\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9448\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9543\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh447
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc U.S. Generic\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc U.S. Branded\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc International\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Pharmaceuticals\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Total\cell{
{\trowd\trqc\clvertalb\cellx3933\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5740\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5835\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7594\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7689\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9448\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9543\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh447\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3933\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4338\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5334\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5834\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6239\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7186\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7686\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8091\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9038\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9538\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9666\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10662\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Accumulated impairment losses as of\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql December 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,342,549\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 675,380\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 408,280\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,426,209\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3933\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4338\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5334\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5739\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5834\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6239\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7186\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7686\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8091\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9038\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9538\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9666\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10662\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10790\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx3933\clvertalb\cellx4338\clvertalb\cellx5334\clvertalb\cellx5739\clvertalb\cellx5834\clvertalb\cellx6239\clvertalb\cellx7186\clvertalb\cellx7591\clvertalb\cellx7686\clvertalb\cellx8091\clvertalb\cellx9038\clvertalb\cellx9443\clvertalb\cellx9538\clvertalb\cellx9666\clvertalb\cellx10662\clvertalb\cellx10790\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Accumulated impairment losses as of March\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,342,549\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 675,380\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 497,796\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 3,515,725\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3933\clvertalb\cellx4338\clvertalb\cellx5334\clvertalb\cellx5739\clvertalb\cellx5834\clvertalb\cellx6239\clvertalb\cellx7186\clvertalb\cellx7591\clvertalb\cellx7686\clvertalb\cellx8091\clvertalb\cellx9038\clvertalb\cellx9443\clvertalb\cellx9538\clvertalb\cellx9666\clvertalb\cellx10662\clvertalb\cellx10790\trrh529\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 16\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Other Intangible Assets\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The following is a summary of other intangible assets held by the Company at March\~31, 2017 and December\~31, 2016 (in\plain\cf1\f51\fs20\ql thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx2496\clvertalc\cellx2753\clvertalc\cellx3639\clvertalc\cellx3896\clvertalc\cellx3983\clvertalc\cellx4271\clvertalc\cellx5067\clvertalc\cellx5355\clvertalc\cellx5442\clvertalc\cellx5744\clvertalc\cellx6540\clvertalc\cellx6842\clvertalc\cellx6929\clvertalc\cellx7071\clvertalc\cellx7867\clvertalc\cellx8009\clvertalc\cellx8096\clvertalc\cellx8389\clvertalc\cellx9146\clvertalc\cellx9439\clvertalc\cellx9526\clvertalc\cellx9713\clvertalc\cellx10599\clvertalc\cellx10786\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx2496\clvertalc\cellx2753\clvertalc\cellx3639\clvertalc\cellx3896\clvertalc\cellx3983\clvertalc\cellx4271\clvertalc\cellx5067\clvertalc\cellx5355\clvertalc\cellx5442\clvertalc\cellx5744\clvertalc\cellx6540\clvertalc\cellx6842\clvertalc\cellx6929\clvertalc\cellx7071\clvertalc\cellx7867\clvertalc\cellx8009\clvertalc\cellx8096\clvertalc\cellx8389\clvertalc\cellx9146\clvertalc\cellx9439\clvertalc\cellx9526\clvertalc\cellx9713\clvertalc\cellx10599\clvertalc\cellx10786\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6845\clvertalb\cellx6932\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8014\clvertalb\cellx8101\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9445\clvertalb\cellx9532\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh826
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\b\ql Cost basis:\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc December 31,\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 2016\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Acquisitions\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Impairments
\par\pard\plain\intbl\fs16\pard\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (1)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Other
\par\pard\plain\intbl\fs16\pard\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (2)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Effect of\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Currency\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Translation
\par\pard\plain\intbl\fs16\pard\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (1)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc March 31, 2017\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6845\clvertalb\cellx6932\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8014\clvertalb\cellx8101\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9445\clvertalb\cellx9532\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh826\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6845\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6932\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8014\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8101\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9445\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9532\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Indefinite-lived intangibles:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6845\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6932\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8014\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8101\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9445\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9532\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2753\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3639\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4271\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5067\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5355\clvertalb\cellx5442\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5744\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6540\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6842\clvertalb\cellx6929\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7071\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7867\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8009\clvertalb\cellx8096\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8389\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9146\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9439\clvertalb\cellx9526\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9713\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10786\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql In-process research and\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql development\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,123,581\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (45,489\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (128,600\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 209\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 949,701\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2753\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3639\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4271\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5067\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5355\clvertalb\cellx5442\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5744\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6540\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6842\clvertalb\cellx6929\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7071\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7867\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8009\clvertalb\cellx8096\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8389\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9146\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9439\clvertalb\cellx9526\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9713\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10599\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10786\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\i\ql Total indefinite-lived\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\i\ql intangibles\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,123,581\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (45,489\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (128,600\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 209\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 949,701\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6845\clvertalb\cellx6932\clvertalb\cellx8014\clvertalb\cellx8101\clvertalb\cellx9445\clvertalb\cellx9532\clvertalb\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Finite-lived intangibles:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6845\clvertalb\cellx6932\clvertalb\cellx8014\clvertalb\cellx8101\clvertalb\cellx9445\clvertalb\cellx9532\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh776
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Licenses (weighted\plain\intbl\li264\ri22\cf1\f51\fs20\ql average life of 12\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql years)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 465,720\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 465,720\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh776\row}}}
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3640\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5068\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6542\clvertalb\cellx6844\clvertalb\cellx6931\clvertalb\cellx7870\clvertalb\cellx8012\clvertalb\cellx8099\clvertalb\cellx9150\clvertalb\cellx9443\clvertalb\cellx9530\clvertalb\cellx10604\clvertalb\cellx10791\trrh776
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Tradenames (weighted\plain\intbl\li264\ri22\cf1\f51\fs20\ql average life of 12\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql years)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 7,345\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 101\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 7,446\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3640\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5068\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6542\clvertalb\cellx6844\clvertalb\cellx6931\clvertalb\cellx7870\clvertalb\cellx8012\clvertalb\cellx8099\clvertalb\cellx9150\clvertalb\cellx9443\clvertalb\cellx9530\clvertalb\cellx10604\clvertalb\cellx10791\trrh776\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3640\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6542\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6931\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7870\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8012\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9150\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9530\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh776
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Developed technology\plain\intbl\li264\ri22\cf1\f51\fs20\ql (weighted average life\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql of 11 years)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6,223,004\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (73,417\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 128,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 13,745\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6,291,932\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3640\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6542\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6931\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7870\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8012\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9150\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9530\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh776\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2753\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3639\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4271\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5067\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5355\clvertalb\cellx5442\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5744\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6540\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6842\clvertalb\cellx6929\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7071\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7867\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8009\clvertalb\cellx8096\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8389\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9146\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9439\clvertalb\cellx9526\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9713\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10599\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10786\trrh1024
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\i\ql Total finite-lived\plain\intbl\li264\ri22\cf1\f51\fs20\i\ql intangibles (weighted\plain\intbl\li264\ri22\cf1\f51\fs20\i\ql average life of 11\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\i\ql years)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 6,696,069\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (73,417\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 128,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 13,846\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 6,765,098\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2753\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3639\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4271\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5067\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5355\clvertalb\cellx5442\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5744\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6540\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6842\clvertalb\cellx6929\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7071\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7867\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8009\clvertalb\cellx8096\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8389\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9146\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9439\clvertalb\cellx9526\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9713\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10599\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10786\trrh1024\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total other intangibles\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 7,819,650\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (118,906\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 14,055\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 7,714,799\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6845\clvertalb\cellx6932\clvertalb\cellx8014\clvertalb\cellx8101\clvertalb\cellx9445\clvertalb\cellx9532\clvertalb\cellx10793\trrh371
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx3897\clvertalb\cellx3984\clvertalb\cellx5356\clvertalb\cellx5443\clvertalb\cellx6845\clvertalb\cellx6932\clvertalb\cellx8014\clvertalb\cellx8101\clvertalb\cellx9445\clvertalb\cellx9532\clvertalb\cellx10793\trrh371\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6845\clvertalb\cellx6932\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8014\clvertalb\cellx8101\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9445\clvertalb\cellx9532\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh628
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\b\ql Accumulated amortization:\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc December 31,\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc 2016\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Amortization\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Impairments\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Other\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Effect of\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Currency\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Translation\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Balance as of\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc March 31, 2017\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6845\clvertalb\cellx6932\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8014\clvertalb\cellx8101\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9445\clvertalb\cellx9532\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10793\trrh628\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6845\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6932\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8014\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8101\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9445\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9532\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Finite-lived intangibles:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6845\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6932\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8014\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8101\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9445\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9532\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx2753\clvertalb\cellx3639\clvertalb\cellx3896\clvertalb\cellx3983\clvertalb\cellx4271\clvertalb\cellx5067\clvertalb\cellx5355\clvertalb\cellx5442\clvertalb\cellx5744\clvertalb\cellx6540\clvertalb\cellx6842\clvertalb\cellx6929\clvertalb\cellx7071\clvertalb\cellx7867\clvertalb\cellx8009\clvertalb\cellx8096\clvertalb\cellx8389\clvertalb\cellx9146\clvertalb\cellx9439\clvertalb\cellx9526\clvertalb\cellx9713\clvertalb\cellx10599\clvertalb\cellx10786\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Licenses\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (341,600\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (7,293\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (348,893\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx2496\clvertalb\cellx2753\clvertalb\cellx3639\clvertalb\cellx3896\clvertalb\cellx3983\clvertalb\cellx4271\clvertalb\cellx5067\clvertalb\cellx5355\clvertalb\cellx5442\clvertalb\cellx5744\clvertalb\cellx6540\clvertalb\cellx6842\clvertalb\cellx6929\clvertalb\cellx7071\clvertalb\cellx7867\clvertalb\cellx8009\clvertalb\cellx8096\clvertalb\cellx8389\clvertalb\cellx9146\clvertalb\cellx9439\clvertalb\cellx9526\clvertalb\cellx9713\clvertalb\cellx10599\clvertalb\cellx10786\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3640\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6542\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6931\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7870\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8012\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9150\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9530\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Tradenames\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (6,599\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (20\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (22\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (6,641\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3640\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3897\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3984\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5356\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6542\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6844\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6931\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7870\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8012\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8099\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9150\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9443\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9530\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10604\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10791\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3640\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6542\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6844\clvertalb\cellx6931\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7870\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8012\clvertalb\cellx8099\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9150\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9443\clvertalb\cellx9530\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10604\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10791\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Developed technology\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (1,612,154\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (255,821\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (3,425\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (1,871,400\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3640\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3897\clvertalb\cellx3984\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5356\clvertalb\cellx5443\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6542\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6844\clvertalb\cellx6931\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7870\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8012\clvertalb\cellx8099\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9150\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9443\clvertalb\cellx9530\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10604\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10791\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total other intangibles\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (1,960,353\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (263,134\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (3,447\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,226,934\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2496\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2753\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3639\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3983\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4271\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5067\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5355\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5442\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5744\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6540\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6842\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6929\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7071\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7867\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8009\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8096\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8389\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9146\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9439\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9526\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9713\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10599\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10786\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx2753\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx3639\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clvertalb\cellx5355\clvertalb\cellx5442\clvertalb\cellx6844\clvertalb\cellx6931\clvertalb\cellx8013\clvertalb\cellx8100\clvertalb\cellx9444\clvertalb\cellx9531\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9718\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10604\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10791\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Net other intangibles\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,859,297\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,487,865\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2496\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx2753\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx3639\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3983\clvertalb\cellx5355\clvertalb\cellx5442\clvertalb\cellx6844\clvertalb\cellx6931\clvertalb\cellx8013\clvertalb\cellx8100\clvertalb\cellx9444\clvertalb\cellx9531\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9718\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10604\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10791\trrh281\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx588\clvertalc\cellx9847\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx588\clvertalc\cellx9847\trrh-66\row}}}
{\trowd\cellx588\cellx9847\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Additional information on the changes in the total gross carrying amount of our other intangible assets is presented below (in thousands):\cell{
{\trowd\cellx588\cellx9847\trrh198\row}}}
\par\pard\plain
{\trowd\clvertalc\cellx9586\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx9586\trrh-66\row}}}
{\trowd\clvertalc\cellx8072\clvertalc\cellx8309\clvertalc\cellx9348\clvertalc\cellx9585\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx8072\clvertalc\cellx8309\clvertalc\cellx9348\clvertalc\cellx9585\trrh-66\row}}}
{\trowd\clvertalb\cellx8072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9585\trrh430
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Gross Carrying\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Amount\cell{
{\trowd\clvertalb\cellx8072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9585\trrh430\row}}}
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8309\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh264
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs16\ql December\~31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\qr 7,819,650\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8309\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh264\row}}}
{\trowd\clvertalb\cellx8072\clvertalb\cellx9348\clvertalb\cellx9585\trrh232
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs16\ql Impairment of certain U.S. Generic Pharmaceuticals intangible assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\qr (72,700\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs16\ql )\cell{
{\trowd\clvertalb\cellx8072\clvertalb\cellx9348\clvertalb\cellx9585\trrh232\row}}}
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh232
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs16\ql Impairment of certain International Pharmaceuticals intangible assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\qr (46,206\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs16\ql )\cell{
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh232\row}}}
{\trowd\clvertalb\cellx8072\clvertalb\cellx9348\clvertalb\cellx9585\trrh248
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs16\ql Effect of currency translation\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\qr 14,055\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalb\cellx8072\clvertalb\cellx9348\clvertalb\cellx9585\trrh248\row}}}
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8309\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh264
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs16\ql March\~31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\qr 7,714,799\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8072\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8309\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9348\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9585\trrh264\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql Includes reclassification adjustments of $128.6 million for certain developed technology intangible assets, previously classified as in-process research\plain\intbl\cf1\f51\fs16\ql and development, that were placed in service during the three months ended March 31, 2017.\cell{
{\trowd\cellx630\cellx10800\trrh396\row}}}\pard\plain\sb176\fi528\cf1\f51\fs20\ql Amortization expense for the three months ended March 31, 2017 and 2016 totaled $263.1 million and $211.7 million,\plain\cf1\f51\fs20\ql respectively. Estimated amortization of intangibles for the five fiscal years subsequent to December\~31, 2016 is as follows (in\plain\cf1\f51\fs20\ql thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx9492\clvertalc\cellx9612\clvertalc\cellx10691\clvertalc\cellx10798\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx9492\clvertalc\cellx9612\clvertalc\cellx10691\clvertalc\cellx10798\trrh-66\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9492\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9612\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10691\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 780,548\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 17\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Impairments\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql A summary of significant goodwill and other intangible asset impairment charges by reportable segment for the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 and 2016 is included below.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql U.S. Generic Pharmaceuticals Segment\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the three months ended March 31, 2017, the Company identified certain market conditions impacting the\plain\cf1\f51\fs20\ql recoverability of developed technology intangible assets in its U.S. Generic Pharmaceuticals segment. Accordingly, we tested\plain\cf1\f51\fs20\ql these assets for impairment and determined that their carrying amounts were no longer fully recoverable, resulting in pre-tax,\plain\cf1\f51\fs20\ql non-cash asset impairment charges totaling $72.7 million during the first quarter of 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the three months ended March 31, 2016, the Company identified certain market and regulatory conditions\plain\cf1\f51\fs20\ql impacting the recoverability of certain indefinite and finite-lived intangible assets in our U.S. Generic Pharmaceuticals segment.\plain\cf1\f51\fs20\ql Accordingly, we tested these assets for impairment and determined that the carrying amount of certain of these assets was no\plain\cf1\f51\fs20\ql longer fully recoverable, resulting in pre-tax, non-cash asset impairment charges of $29.3 million during the first quarter of\plain\cf1\f51\fs20\ql 2016. In addition, during the first quarter of 2016, the Company recognized pre-tax, non-cash asset impairment charges of\plain\cf1\f51\fs20\ql $100.3 million related to the 2016 U.S. Generic Pharmaceuticals restructuring initiative, which resulted from the discontinuation\plain\cf1\f51\fs20\ql of certain commercial products and the abandonment of certain IPR&D projects. See Note 4. Restructuring for discussion of our\plain\cf1\f51\fs20\ql material restructuring initiatives.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql International Pharmaceuticals Segment\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Pursuant to an existing agreement with a wholly owned subsidiary of Novartis AG (Novartis), Paladin licensed the\plain\cf1\f51\fs20\ql Canadian rights to commercialize serelaxin, an investigational drug for the treatment of acute heart failure (AHF). In March 2017,\plain\cf1\f51\fs20\ql Novartis announced that a Phase III study of serelaxin in patients with AHF failed to meet its primary endpoints. As a result,\plain\cf1\f51\fs20\ql Endo has concluded that its serelaxin in-process research and development intangible asset is fully impaired resulting in a $45.5\plain\cf1\f51\fs20\ql million impairment charge for the three months ended March 31, 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In addition and as a result of the serelaxin impairment, the Company assessed the recoverability of its Paladin goodwill\plain\cf1\f51\fs20\ql balance and determined that the estimated fair value of the Paladin reporting unit was below its book value. Based on the\plain\cf1\f51\fs20\ql provisions of ASU 2017-04, which the Company adopted as of January 1, 2017, the Company recorded a pre-tax, non-cash\plain\cf1\f51\fs20\ql asset impairment charge of $82.6 million during the three months ended March 31, 2017. The Company estimated the fair value\plain\cf1\f51\fs20\ql of the Paladin reporting unit using an income approach that utilizes a discounted cash flow model, which is dependent upon the\plain\cf1\f51\fs20\ql Company\u8217?s estimates of future cash flows and other factors. This estimate involves assumptions concerning (i) future\plain\cf1\f51\fs20\ql operating performance, including future sales, long-term growth rates, operating margins, variations in the amount and timing of\plain\cf1\f51\fs20\ql cash flows and the probability of achieving the estimated cash flows and (ii) future economic conditions. The underlying\plain\cf1\f51\fs20\ql assumptions are based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair\plain\cf1\f51\fs20\ql value hierarchy. The discount rate applied to the estimated cash flows for our Paladin goodwill impairment test was 10.0%,\plain\cf1\f51\fs20\ql reflecting the overall risk associated with the reporting unit and other market factors. We believe the discount rate and other\plain\cf1\f51\fs20\ql inputs and assumptions are consistent with those that a market participant would use. The remaining goodwill for the\plain\cf1\f51\fs20\ql Company\u8217?s Paladin reporting unit was approximately $85 million as of March 31, 2017.{\*\bkmkstart s55e2b080038c53e8a614a7d23b5f338}{\*\bkmkend s55e2b080038c53e8a614a7d23b5f338}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 9. ACCOUNTS PAYABLE AND ACCRUED EXPENSES\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Accounts payable and accrued expenses are comprised of the following at March\~31, 2017 and December\~31, 2016 (in\plain\cf1\f51\fs20\ql thousands):
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Trade accounts payable\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 97,681\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Returns and allowances\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 321,408\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Rebates\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 209,409\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Chargebacks\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 26,181\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Accrued interest\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 55,277\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Accrued payroll and related benefits\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 83,978\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Accrued royalties and other distribution partner payables\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 130,380\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Acquisition-related contingent consideration\u8212?short-term\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 98,164\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 196,800\cell
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{\trowd\trqc\cellx7479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7719\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8769\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9009\clvertalb\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9429\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10796\trrh298
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Total\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,219,278\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,454,084\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\cellx7479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx7719\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8769\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9009\clvertalb\cellx9112\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9429\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10796\trrh298\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 18\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s050d52cca6ce5525889426fb82467f3}{\*\bkmkend s050d52cca6ce5525889426fb82467f3}\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 10. DEBT\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table presents the carrying amounts of the Company\u8217?s total indebtedness at March\~31, 2017 and\plain\cf1\f51\fs20\ql December\~31, 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx3638\clvertalc\cellx4223\clvertalc\cellx4535\clvertalc\cellx4634\clvertalc\cellx4851\clvertalc\cellx5872\clvertalc\cellx6089\clvertalc\cellx6195\clvertalc\cellx6412\clvertalc\cellx7433\clvertalc\cellx7650\clvertalc\cellx7749\clvertalc\cellx7966\clvertalc\cellx8987\clvertalc\cellx9204\clvertalc\cellx9340\clvertalc\cellx9557\clvertalc\cellx10578\clvertalc\cellx10795\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx3638\clvertalc\cellx4223\clvertalc\cellx4535\clvertalc\cellx4634\clvertalc\cellx4851\clvertalc\cellx5872\clvertalc\cellx6089\clvertalc\cellx6195\clvertalc\cellx6412\clvertalc\cellx7433\clvertalc\cellx7650\clvertalc\cellx7749\clvertalc\cellx7966\clvertalc\cellx8987\clvertalc\cellx9204\clvertalc\cellx9340\clvertalc\cellx9557\clvertalc\cellx10578\clvertalc\cellx10795\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx3638\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7651\clvertalb\cellx7750\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc December\~31, 2016\cell{
{\trowd\trqc\clvertalb\cellx3638\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7651\clvertalb\cellx7750\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3638\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6089\clvertalb\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7650\clvertalb\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9204\clvertalb\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh645
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Effective\plain\intbl\li22\ri22\cf1\f51\fs16\b\qc Interest\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Rate\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Principal Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Carrying Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Principal Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Carrying Amount\cell{
{\trowd\trqc\clvertalb\cellx3638\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6089\clvertalb\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7650\clvertalb\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9204\clvertalb\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh645\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4851\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6412\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7966\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9557\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql 7.25% Senior Notes due 2022\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 7.91\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 400,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 389,593\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 400,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 389,150\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql 5.75% Senior Notes due 2022\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6.04\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 700,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 691,710\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 700,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 691,339\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql 5.375% Senior Notes due 2023\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5.62\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 750,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 741,054\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 750,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 740,733\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 6.00% Senior Notes due 2023\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6.28\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,635,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,611,053\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,635,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,610,280\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql 6.00% Senior Notes due 2025\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 6.27\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,200,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,179,701\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,200,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,179,203\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Term Loan A Facility Due 2019\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2.95\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 921,250\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 913,352\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 941,875\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 932,824\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Term Loan B Facility Due 2022\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 4.06\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,765,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,723,653\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,772,000\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,728,919\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4223\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5872\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6089\clvertalb\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7433\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7650\clvertalb\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8987\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9204\clvertalb\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10578\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Other debt\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1.50\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 55\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 55\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 55\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 55\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4223\clvertalb\cellx4535\clvertalb\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5872\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6089\clvertalb\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7433\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7650\clvertalb\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8987\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9204\clvertalb\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10578\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4851\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6412\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7966\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9557\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total long-term debt, net\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,371,305\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,250,171\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,398,930\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,272,503\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3638\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4535\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4634\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4851\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5872\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6089\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6412\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7433\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7650\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7749\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7966\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8987\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9204\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9340\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9557\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10578\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Less current portion, net (1)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 25,612\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 25,612\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 131,125\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 131,125\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx3638\clvertalb\cellx4535\clvertalb\cellx4634\clvertalb\cellx5872\clvertalb\cellx6089\clvertalb\cellx6195\clvertalb\cellx7433\clvertalb\cellx7650\clvertalb\cellx7749\clvertalb\cellx8987\clvertalb\cellx9204\clvertalb\cellx9340\clvertalb\cellx10578\clvertalb\cellx10795\trrh281\row}}}
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\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Total long-term debt, less current portion,\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql net\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,345,693\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,224,559\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,267,805\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 8,141,378\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain
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\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql The current portion of long-term debt as of March 31, 2017 excludes amounts payable within the next twelve months under our existing term loan\plain\intbl\cf1\f51\fs16\ql facilities because we had the intent and ability to refinance such debt on a long-term basis. The current portion of long-term debt included in the table\plain\intbl\cf1\f51\fs16\ql above as of March 31, 2017 represents amounts payable in the next twelve months under the 2017 Term Loan Facility.\cell{
{\trowd\cellx630\cellx10800\trrh594\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The senior notes are unsecured and subordinated in right of payment to our credit facility.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The total estimated fair value of the Company\u8217?s total long-term debt was $7.8 billion at both March\~31, 2017 and\plain\cf1\f51\fs20\ql December\~31, 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The fair value of the Company\u8217?s long-term debt is estimated using the quoted market prices for the same or similar\plain\cf1\f51\fs20\ql debt issuances. Based on this valuation methodology, we determined these debt instruments represent Level 2 measurements\plain\cf1\f51\fs20\ql within the fair value hierarchy.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Credit Facility\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We have $996.0 million of remaining credit available through the revolving credit facilities as of March\~31, 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company\u8217?s credit agreements contain affirmative and negative covenants that the Company believes to be usual\plain\cf1\f51\fs20\ql and customary for a senior secured credit facility. The negative covenants include, among other things, limitations on capital\plain\cf1\f51\fs20\ql expenditures, asset sales, mergers and acquisitions, indebtedness, liens, dividends, investments and transactions with the\plain\cf1\f51\fs20\ql Company\u8217?s affiliates. As of March\~31, 2017, we were in compliance with all such covenants.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql April 2017 Refinancing\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql On April 27, 2017, Endo International plc entered into a new credit agreement (the 2017 Credit Agreement) as parent,\plain\cf1\f51\fs20\ql together with its subsidiaries Endo Luxembourg Finance Company I S.\u224? r.l., and Endo LLC as borrowers, the lenders party\plain\cf1\f51\fs20\ql thereto and JPMorgan Chase Bank, N.A., as administrative agent, issuing bank and swingline lender. The 2017 Credit Agreement\plain\cf1\f51\fs20\ql provides for (i) a five-year revolving credit facility in a principal amount of $1,000.0 million (the 2017 Revolving Credit\plain\cf1\f51\fs20\ql Facility) and (ii) a seven-year term loan facility in a principal amount of $3,415.0 million (the 2017 Term Loan Facility and,\plain\cf1\f51\fs20\ql together with the 2017 Revolving Credit Facility, the 2017 Credit Facility). Any outstanding amounts borrowed pursuant to the\plain\cf1\f51\fs20\ql 2017 Credit Facility will immediately mature if any of the following of our senior notes are not refinanced or repaid in full prior\plain\cf1\f51\fs20\ql to the date that is 91 days prior to the stated maturity date thereof:
\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Instrument\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Maturity Date\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 7.25% Senior Notes due 2022\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr January 15, 2022\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 5.75% Senior Notes due 2022\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr January 15, 2022\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 5.375% Senior Notes due 2023\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr January 15, 2023\cell{
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{\trowd\clvertalb\cellx9180\clvertalb\cellx9287\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 6.00% Senior Notes due 2023\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr July 15, 2023\cell{
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\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 19\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The obligations under the 2017 Credit Agreement are guaranteed by Endo International plc and its material subsidiaries, as\plain\cf1\f51\fs20\ql defined in the 2017 Credit Agreement, and certain other subsidiaries of the Company from time to time and secured by a lien on\plain\cf1\f51\fs20\ql substantially all the assets (with certain exceptions) of the borrowers and the guarantors. The 2017 Credit Agreement contains\plain\cf1\f51\fs20\ql affirmative and negative covenants that the Company believes to be usual and customary for a senior secured credit facility of\plain\cf1\f51\fs20\ql this type. The negative covenants include, among other things, limitations on asset sales, mergers and acquisitions, indebtedness,\plain\cf1\f51\fs20\ql liens, dividends, investments and transactions with the Company\u8217?s affiliates. Borrowings under the 2017 Revolving Credit\plain\cf1\f51\fs20\ql Facility bear interest, at the borrower\u8217?s election, at a rate equal to (i) an applicable margin between 1.50% and 3.00% plus\plain\cf1\f51\fs20\ql the London Interbank Offered Rate (LIBOR) or (ii) an applicable margin between 0.50% and 2.00% plus the Alternate Base Rate\plain\cf1\f51\fs20\ql (as defined in the 2017 Credit Agreement). In addition, borrowings under our 2017 Term Loan Facility bear interest, at the\plain\cf1\f51\fs20\ql borrower\u8217?s election, at a rate equal to (i) 4.25% plus LIBOR, subject to a LIBOR floor of 0.75%, or (ii) 3.75% plus the\plain\cf1\f51\fs20\ql Alternate Base Rate, subject to an Alternate Base Rate floor of 1.75%.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Also on April 27, 2017, Endo Designated Activity Company (Endo DAC), Endo Finance LLC and Endo Finco Inc.\plain\cf1\f51\fs20\ql (collectively, the Issuers) issued $300.0 million in aggregate principal amount of 5.875% senior secured notes due 2024 (the 2024\plain\cf1\f51\fs20\ql Notes). The 2024 Notes were issued in a private offering for resale to \u8220?qualified institutional buyers\u8221? (as defined in\plain\cf1\f51\fs20\ql Rule 144A under the Securities Act) and outside the United States to non-U.S. persons in compliance with Regulation S under\plain\cf1\f51\fs20\ql the Securities Act. The 2024 Notes are senior secured obligations of the Issuers and are: (i) guaranteed by Endo International plc\plain\cf1\f51\fs20\ql and its subsidiaries that also guarantee the 2017 Credit Agreement and certain other material indebtedness and (ii) secured by a\plain\cf1\f51\fs20\ql lien on the same collateral that secures the 2017 Credit Agreement. Interest on the 2024 Notes is payable semiannually in arrears\plain\cf1\f51\fs20\ql on April 15 and October 15 of each year, beginning on October 15, 2017. The 2024 Notes will mature on October 15, 2024,\plain\cf1\f51\fs20\ql subject to earlier repurchase or redemption in accordance with the terms of the 2024 Notes indenture. On or after April 15, 2020,\plain\cf1\f51\fs20\ql the Issuers may on any one or more occasions redeem all or a part of the 2024 Notes, at the redemption prices (expressed as\plain\cf1\f51\fs20\ql percentages of principal amount) set forth below, plus accrued and unpaid interest and additional interest, if any, on the notes\plain\cf1\f51\fs20\ql redeemed if such notes are redeemed during the twelve-month period beginning on April 15 of the years indicated below:
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Year\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Percentage\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2020\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 102.938\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2021\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 101.469\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell{
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{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8924\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9030\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10411\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2022 and thereafter\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 100.000\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql %\cell{
{\trowd\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8924\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9030\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10411\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql At any time prior to April 15, 2020, the Issuers may on any one or more occasions redeem all or a part of the 2024 Notes\plain\cf1\f51\fs20\ql at a redemption price equal to 100% of the principal amount of the notes redeemed, plus the applicable make-whole premium as\plain\cf1\f51\fs20\ql defined in the 2024 Notes indenture, plus accrued and unpaid interest and additional interest, if any. In addition, prior to April\plain\cf1\f51\fs20\ql 15, 2020, the Issuers may, subject to certain restrictions and limitations, redeem up to 35% of the aggregate principal amount of\plain\cf1\f51\fs20\ql the 2024 Notes with the net cash proceeds from specified equity offerings at a redemption price equal to 105.875% of the\plain\cf1\f51\fs20\ql aggregate principal amount of the 2024 Notes redeemed, plus accrued and unpaid interest and additional interest, if any. If the\plain\cf1\f51\fs20\ql Company experiences certain changes of control events, the Issuers must offer to repurchase the 2024 Notes at 101% of their\plain\cf1\f51\fs20\ql principal amount, plus accrued and unpaid interest and additional interest, if any. The 2024 Notes indenture contains covenants\plain\cf1\f51\fs20\ql that, among other things, restrict the Company\u8217?s ability and the ability of its restricted subsidiaries to incur certain\plain\cf1\f51\fs20\ql additional indebtedness and issue preferred stock, make certain dividends, distributions, investments and restricted payments, sell\plain\cf1\f51\fs20\ql certain assets, enter into sale and leaseback transactions, agree to payment restrictions on the ability of restricted subsidiaries to\plain\cf1\f51\fs20\ql make certain payments to Endo International plc or any of its restricted subsidiaries, create certain liens, merge, consolidate or\plain\cf1\f51\fs20\ql sell all or substantially all of the Company\u8217?s assets, enter into certain transactions with affiliates or designate subsidiaries\plain\cf1\f51\fs20\ql as unrestricted subsidiaries. These covenants are subject to a number of exceptions and qualifications, including the fall away or\plain\cf1\f51\fs20\ql revision of certain of these covenants and release of the collateral upon the 2024 Notes receiving investment grade credit ratings.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company used the net proceeds under the 2017 Term Loan Facility, together with the net proceeds of the 2024 Notes\plain\cf1\f51\fs20\ql and cash on hand, to repay all of its outstanding loans under its existing credit facilities and to pay related fees and expenses. We\plain\cf1\f51\fs20\ql intend to use the proceeds of the 2017 Revolving Credit Facility from time to time for general corporate purposes.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 20\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Maturities\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The following table presents, subsequent to the closing of the April 2017 Refinancing, the maturities on our long-term debt\plain\cf1\f51\fs20\ql for each of the five fiscal years subsequent to December\~31, 2016 (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx9241\clvertalc\cellx9487\clvertalc\cellx10552\clvertalc\cellx10798\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx9241\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Maturities (1)\cell{
{\trowd\trqc\clvertalb\cellx9241\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2017 (2)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 44,700\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx9241\clvertalb\cellx9487\clvertalb\cellx10552\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2018\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 34,150\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9241\clvertalb\cellx9487\clvertalb\cellx10552\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2019\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 34,150\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx9241\clvertalb\cellx9487\clvertalb\cellx10552\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2020\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 34,150\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx9241\clvertalb\cellx9487\clvertalb\cellx10552\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2021\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 34,150\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9241\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10552\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh990
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Any outstanding amounts borrowed pursuant to the 2017 Credit Facility will immediately mature if certain of our senior notes (enumerated above\plain\intbl\cf1\f51\fs16\ql under the heading \u8220?April 2017 Refinancing\u8221?) are not refinanced or repaid in full prior to the date that is 91 days prior to the respective\plain\intbl\cf1\f51\fs16\ql stated maturity dates thereof. Accordingly, we may be required to repay or refinance senior notes with an aggregate principal amount of $1,100.0\plain\intbl\cf1\f51\fs16\ql million in 2021, despite such notes having stated maturities in 2022. The amounts in this maturities table do not reflect any such early payment; rather,\plain\intbl\cf1\f51\fs16\ql they reflect stated maturity dates.\cell{
{\trowd\cellx630\cellx10800\trrh990\row}}}
\pard\plain
{\trowd\clvertalc\cellx613\clvertalc\cellx10420\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx613\clvertalc\cellx10420\trrh-66\row}}}
{\trowd\cellx613\cellx10420\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql Includes payments related to: (i) our existing credit facilities prior to the April 2017 Refinancing and (ii) our 2017 Term Loan Facility thereafter.\cell{
{\trowd\cellx613\cellx10420\trrh198\row}}}{\*\bkmkstart s25eb23c452d05286a2269f62f18a758}{\*\bkmkend s25eb23c452d05286a2269f62f18a758}\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 11. COMMITMENTS AND CONTINGENCIES\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Legal Proceedings and Investigations\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We and certain of our subsidiaries are involved in various claims, legal proceedings, internal and governmental\plain\cf1\f51\fs20\ql investigations (collectively, proceedings) that arise from time to time in the ordinary course of our business, including, among\plain\cf1\f51\fs20\ql others, those relating to product liability, intellectual property, regulatory compliance and commercial matters. While we cannot\plain\cf1\f51\fs20\ql predict the outcome of these proceedings and we intend to defend vigorously our position, an adverse outcome in any of these\plain\cf1\f51\fs20\ql proceedings could have a material adverse effect on our current and future financial position, results of operations and cash\plain\cf1\f51\fs20\ql flows. Matters that are not being disclosed herein are, in the opinion of our management, immaterial both individually and in the\plain\cf1\f51\fs20\ql aggregate with respect to our financial position, results of operations and cash flows. If and when such matters, in the opinion of\plain\cf1\f51\fs20\ql our management, become material either individually or in the aggregate, we will disclose such matters.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As of March\~31, 2017, our reserve for loss contingencies totaled $758.7 million, of which $714.4 million relates to our\plain\cf1\f51\fs20\ql product liability accrual for vaginal mesh cases. Although we believe there is a reasonable possibility that a loss in excess of the\plain\cf1\f51\fs20\ql amount recognized exists, we are unable to estimate the possible loss or range of loss in excess of the amount recognized at this\plain\cf1\f51\fs20\ql time.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Product Liability\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We and certain of our subsidiaries have been named as defendants in numerous lawsuits in various U.S. federal and state\plain\cf1\f51\fs20\ql courts, as well as in Canada and other countries, alleging personal injury resulting from the use of certain products of our\plain\cf1\f51\fs20\ql subsidiaries. These matters are described below in more detail.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We believe that certain settlements and judgments, as well as legal defense costs, relating to certain product liability\plain\cf1\f51\fs20\ql matters are or may be covered in whole or in part under our product liability insurance policies with a number of insurance\plain\cf1\f51\fs20\ql carriers. In certain circumstances, insurance carriers reserve their rights to contest or deny coverage. We intend to contest\plain\cf1\f51\fs20\ql vigorously any and all such disputes with our insurance carriers and to enforce our rights under the terms of our insurance\plain\cf1\f51\fs20\ql policies. Accordingly, we will record receivables with respect to amounts due under these policies only when the resolution of\plain\cf1\f51\fs20\ql any dispute has been reached and realization of the potential claim for recovery is considered probable. Amounts recovered under\plain\cf1\f51\fs20\ql our product liability insurance policies will likely be less than the stated coverage limits and may not be adequate to cover\plain\cf1\f51\fs20\ql damages and/or costs relating to claims. In addition, there is no guarantee that insurers will pay claims or that coverage will\plain\cf1\f51\fs20\ql otherwise be available.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Vaginal Mesh Cases.\plain\cf1\f51\fs20\ql In October 2008, the FDA issued a Public Health Notification (October 2008 Public Health\plain\cf1\f51\fs20\ql Notification) regarding potential complications associated with transvaginal placement of surgical mesh to treat pelvic organ\plain\cf1\f51\fs20\ql prolapse (POP) and stress urinary incontinence (SUI). The notification provided recommendations and encouraged physicians to\plain\cf1\f51\fs20\ql seek specialized training in mesh procedures, to advise their patients about the risks associated with these procedures and to be\plain\cf1\f51\fs20\ql diligent in diagnosing and reporting complications.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In July 2011, the FDA issued an update to the October 2008 Public Health Notification regarding mesh to further advise\plain\cf1\f51\fs20\ql the public and the medical community of the potential complications associated with transvaginal placement of surgical mesh to\plain\cf1\f51\fs20\ql treat POP and SUI. In the July 2011 update, the FDA stated that adverse events are not rare. Furthermore, the FDA questioned\plain\cf1\f51\fs20\ql the relative effectiveness of transvaginal mesh as a treatment for POP as compared to non-mesh surgical repair. The July 2011\plain\cf1\f51\fs20\ql notification continued to encourage physicians to seek specialized training in mesh procedures, to consider and to advise their\plain\cf1\f51\fs20\ql patients about the risks associated with these procedures and to be diligent in diagnosing and reporting complications. In January\plain\cf1\f51\fs20\ql 2016, the FDA issued a statement reclassifying surgical mesh for transvaginal POP repair from Class II to Class III. Surgical\plain\cf1\f51\fs20\ql mesh for SUI repair remains a Class II device.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 21\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2012, the FDA ordered manufacturers of transvaginal surgical mesh used for POP and of single incision\plain\cf1\f51\fs20\ql mini-slings for urinary incontinence, such as our AMS subsidiary, to conduct post-market safety studies and to monitor adverse\plain\cf1\f51\fs20\ql event rates relating to the use of these products. The FDA agreed to place 16 AMS study orders on hold for a variety of reasons.\plain\cf1\f51\fs20\ql AMS commenced three of these post-market study orders. However, due to the wind-down of the Astora business in 2016,\plain\cf1\f51\fs20\ql AMS notified the FDA of its termination of these studies and the FDA has confirmed closure of those studies.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Since 2008, we and certain of our subsidiaries, including AMS and/or Astora, have been named as defendants in multiple\plain\cf1\f51\fs20\ql lawsuits in the U.S. in various state and federal courts, including a multidistrict litigation (MDL) in the U.S. District Court for\plain\cf1\f51\fs20\ql the Southern District of West Virginia (MDL No. 2325), in Canada, where various class action and individual complaints are\plain\cf1\f51\fs20\ql pending, and in other countries alleging personal injury resulting from the use of transvaginal surgical mesh products designed to\plain\cf1\f51\fs20\ql treat POP and SUI. Plaintiffs in these suits allege various personal injuries including chronic pain, incontinence and inability to\plain\cf1\f51\fs20\ql control bowel function and permanent deformities, and seek compensatory and punitive damages, where available.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We and certain plaintiffs\u8217? counsel representing mesh-related product liability claimants have entered into various\plain\cf1\f51\fs20\ql Master Settlement Agreements (MSAs) and other settlement agreements regarding settling up to approximately 49,000 filed and\plain\cf1\f51\fs20\ql unfiled mesh claims handled or controlled by the participating counsel for an aggregate total of approximately $2.8 billion. These\plain\cf1\f51\fs20\ql MSAs, which were executed at various times since June 2013, were entered into solely by way of compromise and settlement\plain\cf1\f51\fs20\ql and are not in any way an admission of liability or fault by us or any of our subsidiaries. All MSAs are subject to a process that\plain\cf1\f51\fs20\ql includes guidelines and procedures for administering the settlements and the release of funds. In certain cases, the MSAs provide\plain\cf1\f51\fs20\ql for the creation of QSFs into which funds may be deposited pursuant to certain schedules set forth in those agreements. All\plain\cf1\f51\fs20\ql MSAs have participation thresholds regarding the claims represented by each law firm party to the MSA. If certain participation\plain\cf1\f51\fs20\ql thresholds are not met, then we will have the right to terminate the settlement with that law firm. In addition, one agreement\plain\cf1\f51\fs20\ql gives us a unilateral right of approval regarding which claims may be eligible to participate under that settlement. To the extent\plain\cf1\f51\fs20\ql fewer claims than are authorized under an agreement participate, the total settlement payment under that agreement will be\plain\cf1\f51\fs20\ql reduced by an agreed-upon amount for each such non-participating claim. Funds deposited in QSFs are included in restricted\plain\cf1\f51\fs20\ql cash and cash equivalents in the Condensed Consolidated Balance Sheets.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Distribution of funds to any individual claimant is conditioned upon the receipt of documentation substantiating the validity\plain\cf1\f51\fs20\ql of the claim, a full release and a dismissal of the entire action or claim as to all AMS parties and affiliates. Prior to receiving\plain\cf1\f51\fs20\ql funds, an individual claimant is required to represent and warrant that liens, assignment rights or other claims identified in the\plain\cf1\f51\fs20\ql claims administration process have been or will be satisfied by the individual claimant. Confidentiality provisions apply to the\plain\cf1\f51\fs20\ql amount of settlement awards to participating claimants, the claims evaluation process and procedures used in conjunction with\plain\cf1\f51\fs20\ql award distributions, and the negotiations leading to the settlements.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We expect that valid claims under the MSAs will continue to be settled. However, we intend to vigorously contest pending\plain\cf1\f51\fs20\ql and future claims that are invalid, for which settlement is unable to be reached or that are in excess of the maximum claim\plain\cf1\f51\fs20\ql amounts under the applicable MSAs. In addition to claims covered by MSAs, we are currently aware of approximately 10,500\plain\cf1\f51\fs20\ql claims that have been filed, asserted or that we believe are likely to be asserted. These claims have not been accrued for because\plain\cf1\f51\fs20\ql we lack sufficient information to determine whether any potential loss is probable. In addition, there may be other claims asserted\plain\cf1\f51\fs20\ql in the future. It is currently not possible to estimate the number or validity of any such future claims.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In order to evaluate whether a claim is probable of a loss, we must obtain and evaluate certain information pertaining to\plain\cf1\f51\fs20\ql each individual claim, including but not limited to the following items: the name and social security number of the plaintiff,\plain\cf1\f51\fs20\ql evidence of an AMS implant, the date of implant, the date the claim was first asserted to AMS and medical records establishing\plain\cf1\f51\fs20\ql the injury alleged.\~Without access to and review of at least this information and the opportunity to evaluate it, we are not in a\plain\cf1\f51\fs20\ql position to determine a claim\u8217?s validity or whether a loss is probable. Further, the timing and extent to which we obtain\plain\cf1\f51\fs20\ql this information and our evaluation thereof, is often impacted by items outside of our control, including, without limitation, the\plain\cf1\f51\fs20\ql normal cadence of the litigation process and the provision of claim information to us by plaintiff\u8217?s counsel.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We will continue to monitor the situation, and, if appropriate, we will make further adjustments to our product liability\plain\cf1\f51\fs20\ql accrual based on new information. We intend to continue exploring all options as appropriate in our best interests, and depending\plain\cf1\f51\fs20\ql on developments, there is a possibility that we will suffer adverse decisions or verdicts of substantial amounts, or that we will\plain\cf1\f51\fs20\ql enter into additional monetary settlements. Any unfavorable outcomes as a result of such litigation or settlements with respect to\plain\cf1\f51\fs20\ql any asserted or unasserted claims could have a material adverse effect on our business, financial condition, results of operations\plain\cf1\f51\fs20\ql and cash flows.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As of the date of this report, we believe that the current product liability accrual includes all known claims for which\plain\cf1\f51\fs20\ql liability is probable.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 22\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table presents the changes in the vaginal mesh QSFs and product liability accrual balance during the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalc\cellx7608\clvertalc\cellx7877\clvertalc\cellx8928\clvertalc\cellx9197\clvertalc\cellx9302\clvertalc\cellx9524\clvertalc\cellx10575\clvertalc\cellx10797\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Qualified Settlement\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Funds\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Product Liability\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Accrual\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Balance as of December 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 275,987\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Additional charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash contributions to Qualified Settlement Funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 243,344\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions to settle disputes from Qualified Settlement Funds\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (247,530\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (247,530\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Cash distributions to settle disputes\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (1,224\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 240\cell
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Balance as of March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 272,041\cell
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\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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Charges related to vaginal mesh\plain\cf1\f51\fs20\ql product liability and associated legal fees and other expenses for all periods presented are reported in Discontinued operations,\plain\cf1\f51\fs20\ql net of tax in our Condensed Consolidated Statements of Operations.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We expect to fund into the QSFs the payments under all current settlement agreements over the remainder of 2017. As the\plain\cf1\f51\fs20\ql funds are disbursed out of the QSFs from time to time, the product liability accrual will be reduced accordingly with a\plain\cf1\f51\fs20\ql corresponding reduction to restricted cash and cash equivalents. In addition, we may pay cash distributions to settle disputes\plain\cf1\f51\fs20\ql separate from the QSFs, which will also decrease the product liability accrual and decrease cash and cash equivalents.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We were contacted in October 2012 regarding a civil investigation initiated by a number of state attorneys general into\plain\cf1\f51\fs20\ql mesh products, including transvaginal surgical mesh products designed to treat POP and SUI. In November 2013, we received a\plain\cf1\f51\fs20\ql subpoena relating to this investigation from the state of California, and we have subsequently received additional subpoenas from\plain\cf1\f51\fs20\ql California and other states. We are currently cooperating with this investigation. At this time, we cannot predict or determine the\plain\cf1\f51\fs20\ql outcome of this investigation or reasonably estimate the amount or range of amounts of fines or penalties, if any, that might\plain\cf1\f51\fs20\ql result from a settlement or an adverse outcome from this investigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Testosterone Cases.\plain\cf1\f51\fs20\ql We and certain of our subsidiaries, including Endo Pharmaceuticals Inc. (EPI) and Auxilium\plain\cf1\f51\fs20\ql Pharmaceuticals, Inc. (subsequently converted to Auxilium Pharmaceuticals, LLC and hereinafter referred to as Auxilium), along\plain\cf1\f51\fs20\ql with other pharmaceutical manufacturers, have been named as defendants in lawsuits alleging personal injury resulting from the\plain\cf1\f51\fs20\ql use of prescription medications containing testosterone, including FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel, DELATESTRYL\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ,\plain\cf1\f51\fs20\ql TESTIM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql , TESTOPEL\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql , AVEED\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and STRAINT\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . Plaintiffs in these suits allege various personal injuries,\plain\cf1\f51\fs20\ql including pulmonary embolism, stroke and other vascular and/or cardiac injuries and seek compensatory and/or punitive damages,\plain\cf1\f51\fs20\ql where available. In June 2014, an MDL was formed to include claims involving all testosterone replacement therapies filed\plain\cf1\f51\fs20\ql against EPI, Auxilium, and other manufacturers of such products, and certain transferable cases pending in federal court were\plain\cf1\f51\fs20\ql coordinated in the U.S. District Court for the Northern District of Illinois as part of MDL No. 2545. In addition, litigation has\plain\cf1\f51\fs20\ql also been filed against EPI in the Court of Common Pleas for Philadelphia County and in certain other state courts. Litigation\plain\cf1\f51\fs20\ql similar to that described above may also be brought by other plaintiffs in various jurisdictions, and we expect cases brought in\plain\cf1\f51\fs20\ql federal court to be transferred to the U.S. District Court for the Northern District of Illinois as tag-along actions to MDL No.\plain\cf1\f51\fs20\ql 2545. However, we cannot predict the timing or outcome of any such litigation, or whether any such additional litigation will be\plain\cf1\f51\fs20\ql brought against us. We intend to contest the litigation vigorously and to explore all options as appropriate in our best interests.\plain\cf1\f51\fs20\ql As of May\~2, 2017, approximately 1,260 cases are currently pending against us; some of which may have been filed on behalf of\plain\cf1\f51\fs20\ql multiple plaintiffs. The first MDL trial against Auxilium involving TESTIM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql is set to begin in November 2017; the first\plain\cf1\f51\fs20\ql trial against Auxilium in the Court of Common Pleas for Philadelphia County involving TESTIM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql is set to begin in January\plain\cf1\f51\fs20\ql 2018; and the first MDL trial against EPI involving FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel is set to begin in September 2018.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In November 2015, the U.S. District Court for the Northern District of Illinois entered an order granting defendants\u8217?\plain\cf1\f51\fs20\ql motion to dismiss claims involving certain testosterone products that were approved pursuant to ANDAs, including\plain\cf1\f51\fs20\ql TESTOPEL\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . Plaintiffs filed a motion for reconsideration and clarification of this order. In March 2016, the District Court\plain\cf1\f51\fs20\ql granted plaintiffs\u8217? motion in part and entered an order permitting certain claims to go forward to the extent they are based\plain\cf1\f51\fs20\ql on allegations of fraudulent off-label marketing.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 23\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In November 2014, a civil class action complaint was filed in the U.S. District for the Northern District of Illinois against\plain\cf1\f51\fs20\ql EPI, Auxilium, and various other manufacturers of testosterone products on behalf of a proposed class of health insurance\plain\cf1\f51\fs20\ql companies and other third party payors that had paid for certain testosterone products, alleging that the marketing efforts of EPI,\plain\cf1\f51\fs20\ql Auxilium, and other defendant manufacturers with respect to certain testosterone products constituted racketeering activity in\plain\cf1\f51\fs20\ql violation of 18 U.S.C. \u167?1962(c), and other civil Racketeer Influenced and Corrupt Organizations Act claims. Further, the\plain\cf1\f51\fs20\ql complaint alleged that EPI, Auxilium, and other defendant manufacturers violated various state consumer protection laws through\plain\cf1\f51\fs20\ql their marketing of certain testosterone products and raised other state law claims. In March 2015, defendants filed a motion to\plain\cf1\f51\fs20\ql dismiss the complaint and plaintiffs responded by filing amended complaints, which defendants also moved to dismiss. In\plain\cf1\f51\fs20\ql February 2016, the District Court granted in part and denied in part defendants\u8217? motion to dismiss. The District Court\plain\cf1\f51\fs20\ql declined to dismiss plaintiffs\u8217? claims for conspiracy to commit racketeering activity in violation of 18 U.S.C.\plain\cf1\f51\fs20\ql \u167?1962(d) and claims for negligent misrepresentation. In April 2016, plaintiffs filed a third amended complaint, which\plain\cf1\f51\fs20\ql defendants moved to dismiss in June 2016. In August 2016, the court denied the motion to dismiss and we filed a response to the\plain\cf1\f51\fs20\ql third amended complaint in September 2016. In October 2015, a similar civil class action complaint was filed against EPI and\plain\cf1\f51\fs20\ql other defendant manufacturers in the U.S. District for the Northern District of Illinois. Similar litigation may be brought by other\plain\cf1\f51\fs20\ql plaintiffs. We are unable to predict the outcome of this matter or the ultimate legal and financial liability, if any, and at this time\plain\cf1\f51\fs20\ql cannot reasonably estimate the possible loss or range of loss for this matter, if any, but we intend to contest this litigation\plain\cf1\f51\fs20\ql vigorously and will explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Unapproved Drug Litigation\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In September 2013, the State of Louisiana filed a petition for damages against certain of our subsidiaries, EPI and Generics\plain\cf1\f51\fs20\ql Bidco I, LLC, and over 50 other pharmaceutical companies alleging the defendants or their subsidiaries marketed products that\plain\cf1\f51\fs20\ql were not approved by the FDA. See\plain\cf1\f51\fs20\i\ql State of Louisiana v. Abbott Laboratories, Inc., et al\plain\cf1\f51\fs20\ql ., C624522 (19th Jud. Dist. La.). The\plain\cf1\f51\fs20\ql State of Louisiana sought damages, fines, penalties, attorneys\u8217? fees and costs under various causes of action. In October\plain\cf1\f51\fs20\ql 2015, the District Court ordered judgment for defendants on their exception for no right of action. The State of Louisiana\plain\cf1\f51\fs20\ql appealed that decision and in October 2016, the Louisiana Court of Appeals, First Circuit, issued a decision affirming the\plain\cf1\f51\fs20\ql dismissal as to certain counts and reversing the dismissal as to others. The State filed a petition for rehearing, which was denied\plain\cf1\f51\fs20\ql by the court in December 2016. Both sides applied to Louisiana Supreme Court for a writ of certiorari to review the First\plain\cf1\f51\fs20\ql Circuit\u8217?s decision. Those writs were denied in March 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In March 2017, the State of Mississippi filed a complaint against our subsidiary EPI in the Chancery Court for the First\plain\cf1\f51\fs20\ql Judicial District of Hinds County, Mississippi, alleging that EPI marketed products that were not approved by the FDA. The State\plain\cf1\f51\fs20\ql of Mississippi seeks damages, penalties, attorneys\u8217? fees, costs, and other relief under various causes of action. In April\plain\cf1\f51\fs20\ql 2017, EPI removed this case to the U.S. District Court for the Southern District of Mississippi. See\plain\cf1\f51\fs20\i\ql State of Mississippi v. Endo\plain\cf1\f51\fs20\i\ql Pharmaceuticals Inc.\plain\cf1\f51\fs20\ql , No. 3:17-CV-277 (S.D. Miss.).\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We intend to contest the above cases vigorously and to explore other options as appropriate in our best interests. Litigation\plain\cf1\f51\fs20\ql similar to that described above may also be brought by other plaintiffs in various jurisdictions. However, we cannot predict the\plain\cf1\f51\fs20\ql timing or outcome of any such litigation, or whether any such litigation will be brought against us. We are unable to predict the\plain\cf1\f51\fs20\ql outcome of this matter or the ultimate legal and financial liability, if any, and at this time cannot reasonably estimate the possible\plain\cf1\f51\fs20\ql loss or range of loss for this matter, if any.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Opioid-Related Litigations, Subpoenas and Document Requests\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In June 2014, Corporation Counsel for the City of Chicago filed suit in Illinois state court against multiple defendants,\plain\cf1\f51\fs20\ql including our subsidiaries Endo Health Solutions Inc. (EHSI) and EPI, for alleged violations of city ordinances and other laws\plain\cf1\f51\fs20\ql relating to defendants\u8217? alleged opioid sales and marketing practices. In June 2014, the case was removed to the U.S.\plain\cf1\f51\fs20\ql District Court for the Northern District of Illinois. In December 2014, defendants moved to dismiss the amended complaint and\plain\cf1\f51\fs20\ql in May 2015, the District Court issued an order granting that motion in part, dismissing the case as to EHSI and EPI. In August\plain\cf1\f51\fs20\ql 2015, plaintiff filed its second amended complaint against multiple defendants, including EPI and EHSI. In November 2015,\plain\cf1\f51\fs20\ql defendants moved to dismiss the second amended complaint. In September 2016, the District Court granted in part and denied in\plain\cf1\f51\fs20\ql part defendants\u8217? motions to dismiss and provided plaintiff an opportunity to amend its complaint. Plaintiff filed the third\plain\cf1\f51\fs20\ql amended complaint in October 2016. In December 2016, defendants moved to dismiss the re-pled claims in the third amended\plain\cf1\f51\fs20\ql complaint, and filed their answers as to the claims not previously dismissed by the Court.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In May 2014, a lawsuit was filed in California Superior Court (Orange County) in the name of the People of the State of\plain\cf1\f51\fs20\ql California, acting by and through County Counsel for Santa Clara County and the Orange County District Attorney, against\plain\cf1\f51\fs20\ql multiple defendants, including our subsidiaries EHSI and EPI (with EPI being added as part of the first amended complaint in\plain\cf1\f51\fs20\ql June 2014). The complaint asserts violations of California\u8217?s statutory Unfair Competition and False Advertising laws, as\plain\cf1\f51\fs20\ql well as asserting a claim for public nuisance, based on alleged misrepresentations in connection with sales and marketing of\plain\cf1\f51\fs20\ql opioids, including OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . Plaintiff seeks declaratory relief, restitution, civil penalties (including treble damages),\plain\cf1\f51\fs20\ql abatement, an injunction, and attorneys\u8217? fees and costs. Defendants, which include our subsidiaries, filed various motions\plain\cf1\f51\fs20\ql attacking the pleadings, including one requesting that the Superior Court refrain from proceeding under the doctrines of primary\plain\cf1\f51\fs20\ql jurisdiction and equitable abstention. That motion was granted in August 2015, and the case was stayed pending further\plain\cf1\f51\fs20\ql proceedings and findings by the FDA. In June 2016, plaintiffs filed a motion to lift the stay and to amend the complaint.\plain\cf1\f51\fs20\ql Defendants, including EHSI and EPI, opposed that motion. Following a hearing in July 2016, the court provided plaintiffs an\plain\cf1\f51\fs20\ql opportunity to seek leave to file another amended complaint. In August 2016, plaintiffs filed a renewed motion to lift the stay\plain\cf1\f51\fs20\ql and amend the complaint. In October 2016, the court granted, in part, plaintiffs\u8217? renewed motion to lift the stay and the\plain\cf1\f51\fs20\ql plaintiffs filed their third amended complaint. Defendants\u8217? response to the third amended complaint is not due at this time.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In December 2015, a lawsuit was filed in the Chancery Court of the First Judicial District of Hinds County, Mississippi by\plain\cf1\f51\fs20\ql the State of Mississippi against multiple defendants, including our subsidiaries EHSI and EPI. The complaint alleges violations of\plain\cf1\f51\fs20\ql Mississippi\u8217?s Consumer Protection Act and various other claims arising out of defendants\u8217? alleged opioid sales and\plain\cf1\f51\fs20\ql marketing practices. Plaintiff seeks declaratory relief, restitution, civil penalties, abatement, an injunction, and attorneys\u8217?\plain\cf1\f51\fs20\ql fees and costs. In March 2016, defendants moved to dismiss the complaint and to transfer the case from Hinds County to Rankin\plain\cf1\f51\fs20\ql County. The motion to transfer was denied in February 2017. In March 2017, Defendants petitioned for an interlocutory appeal of\plain\cf1\f51\fs20\ql that ruling, and that petition remains pending. The motion to dismiss also remains pending.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In August 2016, the County of Suffolk, New York filed suit in New York state court against multiple defendants,\plain\cf1\f51\fs20\ql including our subsidiaries EHSI and EPI, for alleged violations of state false and deceptive advertising and other statutes, public\plain\cf1\f51\fs20\ql nuisance, common law fraud, and unjust enrichment based on opioid sales and marketing practices. The County of Suffolk is\plain\cf1\f51\fs20\ql seeking compensatory damages, interest, costs, disbursements, punitive damages, treble damages, penalties and attorneys\u8217?\plain\cf1\f51\fs20\ql fees. Defendants, including our subsidiaries, filed motions to dismiss and to stay in January 2017. In February 2017, Broome\plain\cf1\f51\fs20\ql County, New York, and Erie County, New York, filed similar suits in New York state court.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In March 2017, the Boone County Commission filed suit in the U.S. District Court for the Southern District of West\plain\cf1\f51\fs20\ql Virginia against multiple defendants, including our subsidiary Generics Bidco I, LLC, for the alleged violation of federal and\plain\cf1\f51\fs20\ql state safety laws designed to monitor, detect, and prevent the diversion of controlled substances. The complaint generally seeks\plain\cf1\f51\fs20\ql compensatory and punitive damages for the alleged creation of a public nuisance.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql With respect to the litigations brought on behalf of the City of Chicago, the People of the State of California, the State of\plain\cf1\f51\fs20\ql Mississippi, the Counties of Suffolk, Broome and Erie and the Boone County Commission, we intend to contest those matters\plain\cf1\f51\fs20\ql vigorously. We are unable to predict the outcome of these matters or the ultimate legal and financial liability, if any, and at this\plain\cf1\f51\fs20\ql time cannot reasonably estimate the possible loss or range of loss, if any, for these matters but will explore all options as\plain\cf1\f51\fs20\ql appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In September 2014, our subsidiaries EHSI and EPI received a Request for Information from the State of Tennessee Office\plain\cf1\f51\fs20\ql of the Attorney General and Reporter seeking documents and information regarding the sales and marketing of opioids, including\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. We are currently cooperating with the State of Tennessee Office of the Attorney General and Reporter in this\plain\cf1\f51\fs20\ql investigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In August 2015, our subsidiaries EHSI and EPI received a subpoena from the State of New Hampshire Office of the\plain\cf1\f51\fs20\ql Attorney General seeking documents and information regarding the sales and marketing of opioids, including OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER.\plain\cf1\f51\fs20\ql We were cooperating with the State of New Hampshire Office of the Attorney General in its investigation until we learned it was\plain\cf1\f51\fs20\ql being assisted by outside counsel hired on a contingent fee basis. The New Hampshire Attorney General initiated an action in the\plain\cf1\f51\fs20\ql Superior Court for the State of New Hampshire to enforce the subpoena despite this contingent fee arrangement, and we (along\plain\cf1\f51\fs20\ql with other companies that had received similar subpoenas) responded by filing a motion for protective order to preclude the use\plain\cf1\f51\fs20\ql of contingent fee counsel. In addition, we filed a separate motion seeking declaratory relief. In March 2016, the Superior Court\plain\cf1\f51\fs20\ql granted the motion for protective order on the grounds that the contingent fee agreement was invalid as\plain\cf1\f51\fs20\i\ql ultra vires\plain\cf1\f51\fs20\ql and that the\plain\cf1\f51\fs20\ql office of the Attorney General had acted outside of its statutory authority in entering into the agreement with the contingent fee\plain\cf1\f51\fs20\ql counsel. In April 2016, both the New Hampshire Attorney General and the companies that received subpoenas from the New\plain\cf1\f51\fs20\ql Hampshire Attorney General, including EHSI and EPI, appealed, in part, the March 2016 Superior Court order to the New\plain\cf1\f51\fs20\ql Hampshire Supreme Court. Those appeals are pending. In April 2016, the New Hampshire Attorney General also entered into a\plain\cf1\f51\fs20\ql new agreement with outside counsel. In response, the companies that received a subpoena from the New Hampshire Attorney\plain\cf1\f51\fs20\ql General, including EHSI and EPI, moved to enforce a part of the protective order issued by the Superior Court in March 2016\plain\cf1\f51\fs20\ql that is not being appealed by EHSI and EPI. That motion was denied in August 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In April 2016, EHSI and EPI received a Civil Investigative Demand (CID) from the Department of Justice (DOJ) for the\plain\cf1\f51\fs20\ql State of Oregon seeking documents and information regarding the sales and marketing of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. We are currently\plain\cf1\f51\fs20\ql cooperating with the State of Oregon in its investigation.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In November 2016, Endo International plc and EPI received an Administrative Subpoena from the Office of the Attorney\plain\cf1\f51\fs20\ql General of Maryland seeking documents and information regarding the sales and marketing of opioid products. We are currently\plain\cf1\f51\fs20\ql cooperating with the State of Maryland in its investigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In March 2017, EPI received a subpoena from the Office of the Attorney General of New Jersey seeking documents and\plain\cf1\f51\fs20\ql information regarding the sales and marketing of opioid products. We are currently cooperating with the State of New Jersey in\plain\cf1\f51\fs20\ql its investigation.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Antitrust Litigation and Investigations\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Multiple direct and indirect purchasers of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql have filed a number of cases against our subsidiary EPI and\plain\cf1\f51\fs20\ql co-defendants Teikoku Seiyaku Co., Ltd., Teikoku Pharma USA, Inc. (collectively, Teikoku) and Actavis plc and certain of its\plain\cf1\f51\fs20\ql subsidiaries (collectively, Actavis), which was subsequently acquired by Teva Pharmaceuticals Industries Ltd and its subsidiaries\plain\cf1\f51\fs20\ql (collectively, Teva) from Allergan plc (Allergan). Certain of these actions have been asserted on behalf of classes of direct and\plain\cf1\f51\fs20\ql indirect purchasers, while others are individual cases brought by one or more alleged direct or indirect purchasers. The complaints\plain\cf1\f51\fs20\ql in these cases generally allege that EPI, Teikoku and Actavis entered into an anticompetitive conspiracy to restrain trade through\plain\cf1\f51\fs20\ql the settlement of patent infringement litigation concerning U.S. Patent No. 5,827,529 (the \u8216?529 patent) and other patents.\plain\cf1\f51\fs20\ql Some of the complaints also allege that Teikoku wrongfully listed the \u8216?529 patent in the Orange Book as related to\plain\cf1\f51\fs20\ql LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql , that EPI and Teikoku commenced sham patent litigation against Actavis and that EPI abused the FDA citizen\plain\cf1\f51\fs20\ql petition process by filing a citizen petition and amendments solely to interfere with generic companies\u8217? efforts to obtain\plain\cf1\f51\fs20\ql FDA approval of their versions of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . The cases allege violations of Sections 1 and 2 of the Sherman Act (15\plain\cf1\f51\fs20\ql U.S.C. \u167?\u167? 1, 2) and various state antitrust and consumer protection statutes as well as common law remedies in some\plain\cf1\f51\fs20\ql states. These cases generally seek damages, treble damages, disgorgement of profits, restitution, injunctive relief and\plain\cf1\f51\fs20\ql attorneys\u8217? fees.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The U.S. Judicial Panel on Multidistrict Litigation, pursuant to 28 U.S.C. \u167? 1407, issued an order in April 2014\plain\cf1\f51\fs20\ql transferring these cases as\plain\cf1\f51\fs20\i\ql In Re Lidoderm Antitrust Litigation\plain\cf1\f51\fs20\ql , MDL No. 2521, to the U.S. District Court for the Northern\plain\cf1\f51\fs20\ql District of California. The court granted plaintiffs\u8217? motions for class certification filed on behalf of classes of direct and\plain\cf1\f51\fs20\ql indirect purchasers in February 2017. Trial is currently scheduled to begin in late 2017. We cannot predict whether or not\plain\cf1\f51\fs20\ql additional cases similar to those described above will be filed by other plaintiffs or the timing or outcome of any such litigation.\plain\cf1\f51\fs20\ql We expect any such cases brought in federal court to be transferred to the Northern District of California as tag-along actions to\plain\cf1\f51\fs20\i\ql In Re Lidoderm Antitrust Litigation\plain\cf1\f51\fs20\ql .\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Multiple direct and indirect purchasers of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER have filed cases against our subsidiaries EHSI and EPI, and\plain\cf1\f51\fs20\ql other pharmaceutical companies, including Penwest Pharmaceuticals Co., which we subsequently acquired, and Impax\plain\cf1\f51\fs20\ql Laboratories Inc. (Impax), all of which have been transferred and coordinated for pretrial proceedings in the U.S. District Court\plain\cf1\f51\fs20\ql for the Northern District of Illinois by the Judicial Panel on Multidistrict Litigation. Some of these cases have been filed on\plain\cf1\f51\fs20\ql behalf of putative classes of direct and indirect purchasers, while others have been filed on behalf of individual retailers or health\plain\cf1\f51\fs20\ql care benefit plans. These cases generally allege that the agreement reached by EPI and Impax to settle patent infringement\plain\cf1\f51\fs20\ql litigation concerning multiple patents pertaining to OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and EPI\u8217?s introduction of the re-formulation of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER violated antitrust laws. The complaints allege violations of Sections 1 and 2 of the Sherman Act (15 U.S.C.\plain\cf1\f51\fs20\ql \u167?\u167? 1, 2), various state antitrust and consumer protection statutes, as well as state common law. These cases generally\plain\cf1\f51\fs20\ql seek damages, treble damages, disgorgement of profits, restitution, injunctive relief and attorneys\u8217? fees. In February 2016,\plain\cf1\f51\fs20\ql the District Court issued orders (i) denying defendants\u8217? motion to dismiss the claims of the direct purchasers, (ii) denying\plain\cf1\f51\fs20\ql in part and granting in part defendants\u8217? motion to dismiss the claims of the indirect purchasers, but giving them\plain\cf1\f51\fs20\ql permission to file amended complaints and (iii) granting defendants\u8217? motion to dismiss the complaints filed by certain\plain\cf1\f51\fs20\ql retailers, but giving them permission to file amended complaints. In response to the District Court\u8217?s orders, the indirect\plain\cf1\f51\fs20\ql purchasers filed an amended complaint to which the defendants filed a renewed motion to dismiss certain claims, and certain\plain\cf1\f51\fs20\ql retailers also filed amended complaints. The defendants successfully moved to dismiss the indirect purchaser unjust enrichment\plain\cf1\f51\fs20\ql claims arising under the laws of the states of California, Rhode Island and Illinois. We cannot predict whether or not additional\plain\cf1\f51\fs20\ql cases similar to those described above will be filed by other plaintiffs or the timing or outcome of any such litigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We are unable to predict the outcome of these matters or the ultimate legal and financial liability, if any, and at this time\plain\cf1\f51\fs20\ql cannot reasonably estimate the possible loss or range of loss for these matters, if any, but will explore all options as appropriate\plain\cf1\f51\fs20\ql in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2014, our subsidiary EPI received a CID (the February 2014 CID) from the U.S. Federal Trade Commission\plain\cf1\f51\fs20\ql (the FTC). The FTC issued a second CID to EPI in March 2014 (the March 2014 CID). The February 2014 CID requested\plain\cf1\f51\fs20\ql documents and information concerning EPI\u8217?s settlement agreements with Actavis and Impax settling the OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER\plain\cf1\f51\fs20\ql patent litigation, EPI\u8217?s Development and Co-Promotion Agreement with Impax,\plain\cf1\f51\fs20\ql and EPI\u8217?s settlement agreement\plain\cf1\f51\fs20\ql with Actavis settling the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql patent litigation, as well as information concerning the marketing and sales of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . The March 2014 CID requested documents and information concerning EPI\u8217?s\plain\cf1\f51\fs20\ql acquisition of U.S. Patent No. 7,852,482 (the \u8216?482 patent), as well as additional information concerning certain litigation\plain\cf1\f51\fs20\ql relating to, and the marketing and sales of, OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. The FTC also issued subpoenas for investigational hearings\plain\cf1\f51\fs20\ql (similar to depositions) to our employees and former employees. In March 2016, the FTC filed a lawsuit in the U.S. District\plain\cf1\f51\fs20\ql Court for the Eastern District of Pennsylvania against us and our subsidiary EPI, as well as against Allergan, Actavis, Impax and\plain\cf1\f51\fs20\ql Teikoku, alleging generally that the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql settlement agreements with Actavis and the OPANA\plain\cf1\f51\fs18\ql\super \u174?
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\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\ql ER settlement agreement with Impax constituted, in whole or part, unfair methods of competition in violation Section 5(a) of the\plain\cf1\f51\fs20\ql FTC Act, 15 U.S.C. \u167? 45(a). The FTC also alleged that one provision of the agreement with Actavis violated Section 7 of\plain\cf1\f51\fs20\ql the Clayton Act, 15 U.S.C. \u167? 18. Concurrently with the filing of the FTC\u8217?s complaint, Teikoku entered into a\plain\cf1\f51\fs20\ql consent judgment with the FTC and was dismissed from the case. The FTC\u8217?s complaint sought injunctive and declaratory\plain\cf1\f51\fs20\ql relief and other remedies, including restitution and disgorgement. In June 2016, we joined in the defendants\u8217? motion to\plain\cf1\f51\fs20\ql sever OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER-related claims from the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql -related claims. In July 2016, a motion to dismiss was filed\plain\cf1\f51\fs20\ql on behalf of all remaining defendants. In October 2016, the District Court granted the defendants\u8217? motion to sever the\plain\cf1\f51\fs20\ql claims and ordered the FTC to file a new complaint for the OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER-related claims and to amend the existing\plain\cf1\f51\fs20\ql complaint to include only the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql -related claims. The District Court also denied the defendants\u8217? motion to\plain\cf1\f51\fs20\ql dismiss as moot with leave to refile in each of the two separate actions. Subsequently in October 2016, the FTC voluntarily\plain\cf1\f51\fs20\ql dismissed its pending complaint against us without prejudice. Following the FTC\u8217?s voluntary dismissal, in October 2016,\plain\cf1\f51\fs20\ql we, along with Impax and Actavis, filed two separate lawsuits against the FTC in the Eastern District of Pennsylvania seeking\plain\cf1\f51\fs20\ql declaratory judgment relating, respectively, to the FTC\u8217?s OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER-related claims and LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql -related\plain\cf1\f51\fs20\ql claims. The declaratory judgment actions each sought a declaration by the court that the FTC does not have the authority under\plain\cf1\f51\fs20\ql the FTC Act to bring its claims in federal court or to seek disgorgement. The declaratory judgment action concerning the\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER-related claims also sought a declaration that the FTC\u8217?s claims are time-barred. In December 2016, the\plain\cf1\f51\fs20\ql FTC filed a motion to dismiss the declaratory judgment actions for failure to state a claim. In January 2017, we entered into a\plain\cf1\f51\fs20\ql settlement with the FTC pursuant to which the FTC re-filed claims against us, our subsidiary EPI, and other defendants in the\plain\cf1\f51\fs20\ql U.S. District Court for the Northern District of California and concurrently filed a joint motion for entry of a Stipulated Order\plain\cf1\f51\fs20\ql dismissing the claims against us and EPI, with prejudice. The Stipulated Order involves no monetary payment to the FTC and no\plain\cf1\f51\fs20\ql admission of liability. Under the Stipulated Order, we agreed to dismiss our claims in the declaratory judgment actions, and also\plain\cf1\f51\fs20\ql agreed to certain covenants relating to the future settlement of patent infringement litigation for a period of 10 years. These\plain\cf1\f51\fs20\ql covenants, which are consistent with Endo\u8217?s current practices in settling patent infringement cases, include a prohibition\plain\cf1\f51\fs20\ql on patent settlement agreements that prevent the marketing of authorized generic products or that involve certain payments to\plain\cf1\f51\fs20\ql generics manufacturers. The FTC agreed that the prior dismissal of its claims against us in the Eastern District of Pennsylvania\plain\cf1\f51\fs20\ql will be treated as being with prejudice, that it will bring no other claims against us arising from the OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and\plain\cf1\f51\fs20\ql LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql settlements and that it would also dismiss with prejudice its claims against our subsidiary Par Pharmaceutical\plain\cf1\f51\fs20\ql Companies, Inc. (subsequently renamed Endo Generics Holdings, Inc. and with its subsidiaries and affiliates, referred to in this\plain\cf1\f51\fs20\ql Note 11. Commitments and Contingencies as Par) in the action\plain\cf1\f51\fs20\i\ql FTC v. Actavis, Inc., et al.\plain\cf1\f51\fs20\ql pending in the U.S. District Court for\plain\cf1\f51\fs20\ql the Northern District of Georgia. The Stipulated Order also requires the FTC to consider in good faith any requested\plain\cf1\f51\fs20\ql modifications proposed by us in the event of a material change in the law governing the antitrust implications of patent\plain\cf1\f51\fs20\ql infringement settlements. As of February 2017, the Stipulated Order of dismissal has been entered by the Northern District of\plain\cf1\f51\fs20\ql California, we have dismissed the declaratory judgment actions filed against the FTC in the Eastern District of Pennsylvania, and\plain\cf1\f51\fs20\ql the FTC has dismissed its claims against Par in the\plain\cf1\f51\fs20\i\ql Actavis\plain\cf1\f51\fs20\ql case in the Northern District of Georgia.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In November 2014, EPI received a CID from the State of Florida Office of the Attorney General issued pursuant to the\plain\cf1\f51\fs20\ql Florida Antitrust Act of 1980, Section 542.28 seeking documents and other information concerning EPI\u8217?s settlement\plain\cf1\f51\fs20\ql agreement with Actavis settling the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql patent litigation, as well as information concerning the marketing and\plain\cf1\f51\fs20\ql sales of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql .\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2015, EHSI and EPI received CIDs for Production of Documents and Information from the State of Alaska\plain\cf1\f51\fs20\ql Office of Attorney General issued pursuant to Alaska\u8217?s Antitrust and Unfair Trade Practices and Consumer Protection law\plain\cf1\f51\fs20\ql seeking documents and other information concerning settlement agreements with Actavis and Impax settling the OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER patent litigation as well as information concerning EPI\u8217?s settlement agreement with Actavis settling the\plain\cf1\f51\fs20\ql LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql patent litigation, as well as information concerning the marketing and sales of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql .\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2016, EPI received a CID from the State of South Carolina Office of the Attorney General seeking documents\plain\cf1\f51\fs20\ql and other information concerning EPI\u8217?s settlement agreement with Actavis settling the LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql patent litigation,\plain\cf1\f51\fs20\ql as well as information concerning the marketing and sales of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql .\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2009, the FTC filed a lawsuit against our subsidiary, Par, in the U.S. District Court for the Central District of\plain\cf1\f51\fs20\ql California, which was subsequently transferred to the U.S. District Court for the Northern District of Georgia, and which alleged\plain\cf1\f51\fs20\ql violations of antitrust law arising out of Par\u8217?s settlement of certain patent litigation concerning the generic version of\plain\cf1\f51\fs20\ql AndroGel\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . The FTC complaint sought a finding that Par\u8217?s settlement agreement violates Section 5(a) of the FTC\plain\cf1\f51\fs20\ql Act, and a permanent injunction against Par\u8217?s ability to engage in certain types of patent settlements in the future.\plain\cf1\f51\fs20\ql Beginning in February 2009, certain private plaintiffs, including distributors and retailers, filed similar litigation. Generally, the\plain\cf1\f51\fs20\ql complaints in the remaining private plaintiff suits seek equitable relief, unspecified damages and costs.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2010, the District Court granted a motion to dismiss the FTC\u8217?s claims and granted in part and denied in\plain\cf1\f51\fs20\ql part a motion to dismiss the claims of the private plaintiffs. In April 2012, the U.S. Court of Appeals for the 11\plain\cf1\f51\fs18\ql\super th\plain\cf1\f51\fs20\ql Circuit\plain\cf1\f51\fs20\ql affirmed the District Court\u8217?s decision on the motion to dismiss the FTC\u8217?s claims. In September 2012, the District\plain\cf1\f51\fs20\ql Court granted a motion for summary judgment against the private plaintiffs\u8217? claims of sham litigation. In July 2013, the\plain\cf1\f51\fs20\ql Supreme Court of the U.S. reversed the Court of Appeals\u8217? and District Court\u8217?s decisions concerning the FTC action\plain\cf1\f51\fs20\ql and remanded the case to the District Court for further proceedings. In May 2016, those private plaintiffs representing the\plain\cf1\f51\fs20\ql putative class of indirect purchasers voluntarily dismissed their case against Par with prejudice. In February 2017, pursuant to the\plain\cf1\f51\fs20\ql Stipulated Order described above, the FTC dismissed its claims against Par with prejudice. Claims by the direct purchasers are\plain\cf1\f51\fs20\ql still pending. We intend to contest this litigation vigorously and to explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2015, Par received a CID from the Office of the Attorney General for the State of Alaska seeking production\plain\cf1\f51\fs20\ql of certain documents and information regarding Par\u8217?s settlement of the AndroGel\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql patent litigation as well as\plain\cf1\f51\fs20\ql documents produced in the aforementioned litigation filed by the FTC.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We are currently cooperating with the State of Florida Office of the Attorney General, the State of Alaska Office of the\plain\cf1\f51\fs20\ql Attorney General and the State of South Carolina Office of the Attorney General in their respective investigations. Investigations\plain\cf1\f51\fs20\ql and lawsuits similar to these antitrust matters described above may be brought by others. We are unable to predict the outcome\plain\cf1\f51\fs20\ql of these investigations or litigations or the ultimate legal and financial liability, if any, and at this time cannot reasonably estimate\plain\cf1\f51\fs20\ql the possible loss or range of loss for these investigations or litigations, if any, but will explore all options as appropriate in our\plain\cf1\f51\fs20\ql best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In July 2016, Fresenius Kabi USA, LLC (Fresenius) filed a complaint against Par and its subsidiary Par Sterile Products,\plain\cf1\f51\fs20\ql LLC in the U.S. District Court for the District of New Jersey alleging that Par and its subsidiary engaged in an anticompetitive\plain\cf1\f51\fs20\ql scheme to exclude competition from the market for vasopressin solution for intravenous injection in view of Par\u8217?s\plain\cf1\f51\fs20\ql VASOSTRICT\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql (vasopressin) product.\~The complaint alleges violations of Sections 1 and 2 of The Sherman Antitrust Act,\plain\cf1\f51\fs20\ql 15 U.S.C. \u167?\u167? 1, 2, as well as the antitrust law and common law of the state of New Jersey, alleging that Par and its\plain\cf1\f51\fs20\ql subsidiary entered into exclusive supply agreements with one or more active pharmaceutical ingredient (API) manufacturers and\plain\cf1\f51\fs20\ql that Fresenius has been unable to obtain vasopressin API in order to file an ANDA to obtain FDA approval for its own\plain\cf1\f51\fs20\ql vasopressin product.\~Fresenius seeks actual, treble and punitive damages in an unspecified amount, attorneys\u8217? fees and\plain\cf1\f51\fs20\ql costs and injunctive relief and demands a trial by jury.\~In September 2016, Par and its subsidiary filed a motion to dismiss the\plain\cf1\f51\fs20\ql case for Fresenius\u8217? failure to properly state a claim under the antitrust laws. In February 2017, the District Court denied\plain\cf1\f51\fs20\ql Par\u8217?s motion to dismiss. We are unable to predict the outcome of this matter or the ultimate legal and financial liability, if\plain\cf1\f51\fs20\ql any, and at this time cannot reasonably estimate the possible loss or range of loss, if any, for this matter.\~We intend to contest\plain\cf1\f51\fs20\ql the litigation vigorously and to explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi264\cf1\f51\fs20\i\ql False Claims Act Litigation\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Attorneys General of Florida, Indiana and Virginia and the U.S. Office of Personnel Management (the USOPM) have\plain\cf1\f51\fs20\ql issued subpoenas, and the Attorneys General of Michigan, Tennessee, Texas, and Utah have issued CIDs, to our subsidiary, Par,\plain\cf1\f51\fs20\ql among other companies. The demands generally request documents and information pertaining to allegations that certain of\plain\cf1\f51\fs20\ql Par\u8217?s sales and marketing practices caused pharmacies to substitute ranitidine capsules for ranitidine tablets, fluoxetine\plain\cf1\f51\fs20\ql tablets for fluoxetine capsules, and two 7.5 mg buspirone tablets for one 15 mg buspirone tablet, under circumstances in which\plain\cf1\f51\fs20\ql some state Medicaid programs at various times reimbursed the new dosage form at a higher rate than the dosage form being\plain\cf1\f51\fs20\ql substituted. Par has provided documents in response to these subpoenas to the respective Attorneys General and the USOPM. The\plain\cf1\f51\fs20\ql aforementioned subpoenas and CIDs culminated in the federal and state law qui tam action brought on behalf of the U.S. and\plain\cf1\f51\fs20\ql several states by Bernard Lisitza. The complaint was unsealed in August 2011. Lisitza\u8217?s corrected second amended\plain\cf1\f51\fs20\ql complaint generally seeks (i) a finding that defendants violated and be enjoined from future violations of the federal False Claims\plain\cf1\f51\fs20\ql Act and state false claims acts; (ii) treble damages and maximum civil penalties for each violation of the federal False Claims\plain\cf1\f51\fs20\ql Act and state false claims acts; (iii) an applicable percentage share of the proceeds; and (iv) expenses, fees, and costs. The U.S.\plain\cf1\f51\fs20\ql intervened in this action and filed a separate complaint in September 2011, alleging claims for violations of the Federal False\plain\cf1\f51\fs20\ql Claims Act and common law fraud. The U.S.\u8217?s second corrected complaint generally seeks (i) treble damages and civil\plain\cf1\f51\fs20\ql penalties for violations under the federal False Claims Act and (ii) compensatory and punitive damages for common law fraud.\plain\cf1\f51\fs20\ql The states of Michigan and Indiana have also intervened as to claims arising under their respective state false claim acts,\plain\cf1\f51\fs20\ql common law fraud, and unjust enrichment. Michigan\u8217?s complaint generally seeks (i) treble damages and civil penalties and\plain\cf1\f51\fs20\ql (ii) common law compensatory and punitive damages. Indiana\u8217?s amended complaint generally seeks treble damages, costs,\plain\cf1\f51\fs20\ql and attorney\u8217?s fees. We intend to vigorously defend this lawsuit. At this time, we are unable to predict the outcome of this\plain\cf1\f51\fs20\ql matter or the ultimate legal and financial liability, if any, and at this time cannot reasonably estimate the possible loss or range of\plain\cf1\f51\fs20\ql loss for this matter, if any.\par\pard\plain\sb176\fi264\cf1\f51\fs20\i\ql Pricing Matters\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In March 2016, EPI received a CID from the U.S. Attorney\u8217?s Office for the Southern District of New York. The\plain\cf1\f51\fs20\ql CID requested documents and information regarding contracts with Pharmacy Benefit Managers regarding FROVA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . We are\plain\cf1\f51\fs20\ql currently cooperating with this investigation.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In December 2014, our subsidiary Par received a Subpoena to Testify Before Grand Jury from the Antitrust Division of the\plain\cf1\f51\fs20\ql DOJ and issued by the U.S. District Court for the Eastern District of Pennsylvania. The subpoena requested documents and\plain\cf1\f51\fs20\ql information focused primarily on product and pricing information relating to Par\u8217?s authorized generic version of Lanoxin\plain\cf1\f51\fs20\ql (digoxin) oral tablets and Par\u8217?s generic doxycycline products, and on communications with competitors and others\plain\cf1\f51\fs20\ql regarding those products. Par is currently cooperating fully with the investigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In December 2015, EPI received Interrogatories and Subpoena Duces Tecum from the State of Connecticut Office of\plain\cf1\f51\fs20\ql Attorney General requesting information regarding pricing of certain of its generic products, including doxycycline hyclate,\plain\cf1\f51\fs20\ql amitriptyline hydrochloride, doxazosin mesylate, methotrexate sodium and oxybutynin chloride. We are currently cooperating with\plain\cf1\f51\fs20\ql this investigation.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We are unable to predict the outcome of the foregoing investigations or the ultimate legal and financial liability, if any,\plain\cf1\f51\fs20\ql and at this time cannot reasonably estimate the possible loss or range of loss, if any, for these matters but will explore all options\plain\cf1\f51\fs20\ql as appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Beginning in December 2015, two complaints, including a class action complaint, were filed in the Philadelphia Court of\plain\cf1\f51\fs20\ql Common Pleas against us and certain of our subsidiaries, including Par Pharmaceutical, Inc. (PPI), along with other\plain\cf1\f51\fs20\ql manufacturers of generic pharmaceutical products, seeking compensatory and punitive or treble damages, as well as injunctive\plain\cf1\f51\fs20\ql relief, and alleging that certain marketing and pricing practices by the defendant companies violated state law, including\plain\cf1\f51\fs20\ql consumer protection law. The class action complaint was subsequently removed to the U.S. District Court for the Eastern District\plain\cf1\f51\fs20\ql of Pennsylvania, and the plaintiff filed an amended complaint. In January 2017, defendants moved to dismiss the amended class\plain\cf1\f51\fs20\ql action complaint, and that motion remains pending. The case in the Philadelphia Court of Common Pleas is stayed pending\plain\cf1\f51\fs20\ql resolution of the class action. Additional similar claims may be brought by other plaintiffs in various jurisdictions. We intend to\plain\cf1\f51\fs20\ql contest the litigation vigorously and to explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Beginning in March 2016, several class action complaints were filed in the U.S. District Courts for the Eastern District of\plain\cf1\f51\fs20\ql Pennsylvania and the District of Rhode Island against us and certain of our subsidiaries, including PPI, and other manufacturers\plain\cf1\f51\fs20\ql seeking compensatory and punitive or treble damages, as well as injunctive relief, and alleging that certain marketing and pricing\plain\cf1\f51\fs20\ql practices regarding digoxin and doxycycline violated federal and/or state antitrust laws and/or gave rise to state consumer\plain\cf1\f51\fs20\ql protection and/or unjust enrichment claims. The U.S. Judicial Panel on Multidistrict Litigation, pursuant to 28 U.S.C. \u167?1407,\plain\cf1\f51\fs20\ql issued an order in August 2016 establishing coordinated or consolidated pretrial proceedings for these cases in the U.S. District\plain\cf1\f51\fs20\ql Court for the Eastern District of Pennsylvania under the caption\plain\cf1\f51\fs20\i\ql In Re Generic Digoxin and Doxycycline Antitrust Litigation\plain\cf1\f51\fs20\ql ,\plain\cf1\f51\fs20\ql MDL No. 2724. The direct purchaser plaintiffs and indirect purchaser plaintiffs filed consolidated amended class action\plain\cf1\f51\fs20\ql complaints in January 2017, and defendants moved to dismiss those complaints in March 2017. An independent pharmacy\plain\cf1\f51\fs20\ql plaintiff filed a similar class action complaint in the U.S. District Court for the Eastern District of Pennsylvania in March 2017.\plain\cf1\f51\fs20\ql Additional similar claims may be brought by other plaintiffs in various jurisdictions. We intend to contest the litigation\plain\cf1\f51\fs20\ql vigorously and to explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Since November 2016, several class action complaints have been filed in the U.S. District Court for the Eastern District of\plain\cf1\f51\fs20\ql Pennsylvania against certain of our subsidiaries, including PPI, and other manufacturers seeking compensatory and punitive or\plain\cf1\f51\fs20\ql treble damages, as well as injunctive relief, and alleging that certain marketing and pricing practices regarding divalproex ER\plain\cf1\f51\fs20\ql violated federal and/or state antitrust laws and/or gave rise to state consumer protection and/or unjust enrichment claims.\plain\cf1\f51\fs20\ql Additional similar claims may be brought by other plaintiffs in various jurisdictions. We intend to contest the litigation\plain\cf1\f51\fs20\ql vigorously and to explore all options as appropriate in our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Beginning in December 2016, multiple class action complaints were filed in the U.S. District Court for the Eastern District\plain\cf1\f51\fs20\ql of Pennsylvania and U.S. District Court for the Southern District of New York against us and certain of our subsidiaries,\plain\cf1\f51\fs20\ql including PPI, and other manufacturers seeking compensatory and punitive or treble damages, as well as injunctive relief, and\plain\cf1\f51\fs20\ql alleging that certain marketing and pricing practices regarding propranolol violated federal and/or state antitrust laws and/or gave\plain\cf1\f51\fs20\ql rise to state consumer protection and/or unjust enrichment claims. Defendants moved to dismiss one direct purchaser complaint\plain\cf1\f51\fs20\ql pending in the Eastern District of Pennsylvania in March 2017. The remaining Eastern District of Pennsylvania actions relating to\plain\cf1\f51\fs20\ql propranolol were stayed pending a ruling from the U.S. Judicial Panel on Multidistrict Litigation on the motion to transfer\plain\cf1\f51\fs20\ql described below. In the Southern District of New York actions, the indirect purchasers filed a consolidated amended complaint in\plain\cf1\f51\fs20\ql February 2017, and the direct purchasers filed a consolidated amended complaint in March 2017. Defendants moved to dismiss\plain\cf1\f51\fs20\ql both consolidated amended complaints, and those motions were denied in April 2017, except as to certain state law claims\plain\cf1\f51\fs20\ql brought by the indirect purchaser plaintiffs. Additional similar claims may be brought by other plaintiffs in various jurisdictions.\plain\cf1\f51\fs20\ql We intend to contest the litigation vigorously and to explore all options as appropriate in our best interests.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Beginning in March 2017, several class action complaints were filed in the U.S. District Court for the Eastern District of\plain\cf1\f51\fs20\ql Pennsylvania against our subsidiary PPI and other manufacturers seeking compensatory and punitive or treble damages, as well as\plain\cf1\f51\fs20\ql injunctive relief, and alleging that certain marketing and pricing practices regarding baclofen violated federal and/or state antitrust\plain\cf1\f51\fs20\ql laws and/or gave rise to state consumer protection and/or unjust enrichment claims. Additional similar claims may be brought by\plain\cf1\f51\fs20\ql other plaintiffs in various jurisdictions. We intend to contest the litigation vigorously and to explore all options as appropriate in\plain\cf1\f51\fs20\ql our best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Also beginning in March 2017, several class action complaints were filed in the U.S. District Courts for the Eastern\plain\cf1\f51\fs20\ql District of Pennsylvania and the Southern District of New York against us and certain of our subsidiaries, including PPI, and\plain\cf1\f51\fs20\ql other manufacturers seeking compensatory and punitive or treble damages, as well as injunctive relief, and alleging that certain\plain\cf1\f51\fs20\ql marketing and pricing practices regarding amitriptyline or amitriptyline hydrochloride violated federal and/or state antitrust laws\plain\cf1\f51\fs20\ql and/or gave rise to state consumer protection and/or unjust enrichment claims. Additional similar claims may be brought by other\plain\cf1\f51\fs20\ql plaintiffs in various jurisdictions. We intend to contest the litigation vigorously and to explore all options as appropriate in our\plain\cf1\f51\fs20\ql best interests.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2017, Rochester Drug Co-Operative, Inc. filed a motion with the U.S. Judicial Panel on Multidistrict Litigation\plain\cf1\f51\fs20\ql seeking to transfer certain of the foregoing antitrust complaints to the U.S. District Court for the Eastern District of Pennsylvania\plain\cf1\f51\fs20\ql for inclusion in MDL No. 2724, which would then be renamed\plain\cf1\f51\fs20\i\ql In re Generic Pharmaceuticals Pricing Antitrust Litigation\plain\cf1\f51\fs20\ql . In\plain\cf1\f51\fs20\ql April 2017, the U.S. Judicial Panel on Multidistrict Litigation issued an order renaming MDL No. 2724 as requested and\plain\cf1\f51\fs20\ql expanding it to include actions in which: (a) plaintiffs assert claims for price fixing of generic drugs in violation of the Sherman\plain\cf1\f51\fs20\ql Act and/or state antitrust laws on behalf of overlapping putative nationwide classes of direct or indirect purchasers of generic\plain\cf1\f51\fs20\ql pharmaceuticals; (b) the average market price of the subject generic pharmaceutical is alleged to have increased between 2012\plain\cf1\f51\fs20\ql and the present; (c) defendants are alleged to have effectuated the alleged conspiracy through direct company-to-company\plain\cf1\f51\fs20\ql contacts and through joint activities undertaken through trade associations, in particular meetings of the Generic Pharmaceutical\plain\cf1\f51\fs20\ql Association; and (d) the allegations stem from the same government investigation into anticompetitive conduct in the generic\plain\cf1\f51\fs20\ql pharmaceuticals industry. Pursuant to this order, the propranolol and amitriptyline hydrochloride cases filed in the U.S. District\plain\cf1\f51\fs20\ql Court for the Southern District of New York have been or we expect will be transferred to the U.S. District Court for the Eastern\plain\cf1\f51\fs20\ql District of Pennsylvania as part of MDL No. 2724. As noted above, the digoxin and doxycycline, divalproex ER, and baclofen\plain\cf1\f51\fs20\ql cases are already pending in the U.S. District Court for the Eastern District of Pennsylvania.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We are unable to predict the outcome of the foregoing matters or the ultimate legal and financial liability, if any, and at\plain\cf1\f51\fs20\ql this time cannot reasonably estimate the possible loss or range of loss, if any, for these matters but will explore all options as\plain\cf1\f51\fs20\ql appropriate in our best interests.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Securities Related Class Action Litigation\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In May 2016, a putative class action entitled\plain\cf1\f51\fs20\i\ql Craig Friedman v. Endo International plc, Rajiv Kanishka Liyanaarchchie de\plain\cf1\f51\fs20\i\ql Silva and Suketu P. Upadhyay\plain\cf1\f51\fs20\ql was filed in the U.S. District Court for the Southern District of New York by an individual\plain\cf1\f51\fs20\ql shareholder on behalf of himself and all similarly situated shareholders. In August 2016, the Steamfitters\u8217? Industry Pension\plain\cf1\f51\fs20\ql Fund and Steamfitters\u8217? Industry Security Benefit Fund were appointed lead plaintiffs in the action. In October 2016, a\plain\cf1\f51\fs20\ql second amended complaint was filed, which added Paul Campanelli as a defendant, and we filed a motion to dismiss the case. In\plain\cf1\f51\fs20\ql response, and without resolving the motion, the Court permitted lead plaintiffs to file a third amended complaint. The lawsuit\plain\cf1\f51\fs20\ql alleges violations of Sections 10(b) and 20(a) of the Exchange Act based on the Company\u8217?s revision of its 2016 earnings\plain\cf1\f51\fs20\ql guidance and certain disclosures about its generics business, the integration of Par and its subsidiaries, certain other alleged\plain\cf1\f51\fs20\ql business issues and the receipt of a CID from the U.S. Attorney\u8217?s Office for the Southern District of New York regarding\plain\cf1\f51\fs20\ql contracts with Pharmacy Benefit Managers concerning FROVA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql . Lead plaintiffs seek class certification, damages in an\plain\cf1\f51\fs20\ql unspecified amount and attorneys\u8217? fees and costs. We filed a motion to dismiss the third amended complaint in December\plain\cf1\f51\fs20\ql 2016. Briefing on that motion has been completed but no ruling has been issued. We are unable to predict the outcome of this\plain\cf1\f51\fs20\ql matter or the ultimate legal and financial liability, if any, and at this time cannot reasonably estimate the possible loss or range of\plain\cf1\f51\fs20\ql loss, if any, for this matter, but will explore all options as appropriate in our best interests and we intend to defend this lawsuit\plain\cf1\f51\fs20\ql vigorously.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2017, a putative class action entitled\plain\cf1\f51\fs20\i\ql Public Employees\u8217? Retirement System of Mississippi v. Endo\plain\cf1\f51\fs20\i\ql International plc\plain\cf1\f51\fs20\ql was filed in the Court of Common Pleas of Chester County, Pennsylvania by an institutional purchaser of shares\plain\cf1\f51\fs20\ql in our June 2, 2015 public offering, on behalf of itself and all similarly situated purchasers. The lawsuit alleges violations of\plain\cf1\f51\fs20\ql Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 against Endo, certain of Endo\u8217?s current and former directors\plain\cf1\f51\fs20\ql and officers, and the underwriters who participated in the offering, based on certain disclosures about Endo\u8217?s generics\plain\cf1\f51\fs20\ql business. In March 2017 defendants removed the case to the U.S. District Court for the Eastern District of Pennsylvania. We are\plain\cf1\f51\fs20\ql unable to predict the outcome of this matter or the ultimate legal and financial liability, if any, and at this time cannot reasonably\plain\cf1\f51\fs20\ql estimate the possible loss or range of loss, if any, for this matter, but will explore all options as appropriate in our best interests\plain\cf1\f51\fs20\ql and we intend to defend this lawsuit vigorously.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In April 2017, a putative class action entitled\plain\cf1\f51\fs20\i\ql Phaedra A. Makris v. Endo International plc, Rajiv Kanishka Liyanaarchchie\plain\cf1\f51\fs20\i\ql de Silva and Suketu P. Upadhyay\plain\cf1\f51\fs20\ql was\plain\cf1\f51\fs20\ql filed in the Superior Court of Justice in Ontario, Canada by an individual shareholder on\plain\cf1\f51\fs20\ql behalf of herself and similarly-situated Canadian-based investors who purchased Endo\u8217?s securities between January 11\plain\cf1\f51\fs20\ql and May 5, 2016. The statement of claim generally seeks class certification, declaratory relief, damages, interest, and costs based\plain\cf1\f51\fs20\ql on alleged violations of the Ontario Securities Act. The statement of claim alleges negligent misrepresentations concerning the\plain\cf1\f51\fs20\ql Company\u8217?s revenues, profit margins, and earnings per share; its receipt of a subpoena from the State of Connecticut\plain\cf1\f51\fs20\ql regarding doxycycline hyclate, amitriptyline hydrochloride, doxazosin mesylate, methotrexate sodium, and oxybutynin chloride;\plain\cf1\f51\fs20\ql and the erosion of the Company\u8217?s U.S. generic pharmaceutical business. We are unable to predict the outcome of this\plain\cf1\f51\fs20\ql matter or the ultimate legal and financial liability, if any, and at this time cannot reasonably estimate the possible loss or range of\plain\cf1\f51\fs20\ql loss, if any, for this matter, but will explore all options as appropriate in our best interests and we intend to defend this lawsuit\plain\cf1\f51\fs20\ql vigorously.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Paragraph IV Certifications on OPANA\plain\cf1\f51\fs18\i\ql\super \u174?\plain\cf1\f51\fs20\i\ql ER\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In late 2012, two patents (U.S. Patent Nos. 8,309,122 and 8,329,216) were issued to EPI covering OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER\plain\cf1\f51\fs20\ql (oxymorphone hydrochloride extended-release tablets CII). In December 2012, EPI filed a complaint against Actavis in U.S.\plain\cf1\f51\fs20\ql District Court for the Southern District of New York for patent infringement based on its ANDA for a non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology version of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. In May 2013 and June 2013, EPI filed similar suits in the U.S. District Court for the\plain\cf1\f51\fs20\ql Southern District of New York against the following applicants for non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER: Roxane\plain\cf1\f51\fs20\ql Laboratories, Inc. (Roxane) and Ranbaxy Laboratories Limited, which was acquired by Sun Pharmaceutical Industries Ltd.\plain\cf1\f51\fs20\ql (Ranbaxy). Those suits allege infringement of U.S. Patent Nos. 7,851,482, 8,309,122, and 8,329,216. In July 2013, Actavis and\plain\cf1\f51\fs20\ql Roxane were granted FDA approval to market all strengths of their respective non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology formulations of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. A trial in this case was held from March 2015 through April 2015 in the U.S. District Court for the Southern\plain\cf1\f51\fs20\ql District of New York. In August 2015, the District Court ruled that all defendants infringed the claims of U.S. Patent Nos.\plain\cf1\f51\fs20\ql 8,309,122 and 8,329,216. The District Court also ruled that the defendants failed to show that U.S. Patent Nos. 8,309,122 and\plain\cf1\f51\fs20\ql 8,329,216 were invalid, enjoined the defendants from launching their generic products until the expiration of those patents and\plain\cf1\f51\fs20\ql directed Actavis to withdraw its generic product within 60 days. In October 2015, the District Court tolled the 60-day period\plain\cf1\f51\fs20\ql until it decided two pending post-trial motions. In April 2016, the District Court issued an order upholding its August 2015\plain\cf1\f51\fs20\ql ruling in EPI\u8217?s favor and confirming the prior injunction against the manufacture or sale of the generic version of the\plain\cf1\f51\fs20\ql non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER currently offered by Actavis and the additional approved but not yet marketed\plain\cf1\f51\fs20\ql generic version of the product developed by Roxane. The defendants filed appeals to the Court of Appeals for the Federal\plain\cf1\f51\fs20\ql Circuit. We intend to continue vigorously asserting our intellectual property rights and to oppose any such appeal.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql From September 21, 2012 through October 30, 2013, EPI and its partner Gr\u252?nenthal received Paragraph IV Notices\plain\cf1\f51\fs20\ql from each of Teva Pharmaceuticals USA, Inc., Amneal Pharmaceuticals, LLC (Amneal), ThoRx Laboratories, Inc. (ThoRx),\plain\cf1\f51\fs20\ql Actavis, Impax and Ranbaxy (now Sun Pharmaceutical Industries Ltd.), advising of the filing by each such company of an\plain\cf1\f51\fs20\ql ANDA for a generic version of the formulation of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER with INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology. These Paragraph IV Notices\plain\cf1\f51\fs20\ql refer to U.S. Patent Nos. 7,851,482, 8,075,872, 8,114,383, 8,192,722, 8,309,060, 8,309,122 and 8,329,216, which variously cover\plain\cf1\f51\fs20\ql the formulation of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER, a highly pure version of the active pharmaceutical ingredient and the release profile of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. EPI filed lawsuits against each of these filers in the U.S. District Court for the Southern District of New\plain\cf1\f51\fs20\ql York. Each lawsuit was filed within the 45-day deadline to invoke a 30-month stay of FDA approval pursuant to the\plain\cf1\f51\fs20\ql Hatch-Waxman legislative scheme. A trial in this case was held from March 2015 through April 2015 in the U.S. District Court\plain\cf1\f51\fs20\ql for the Southern District of New York against the remaining filers. In August 2015, the District Court issued an Opinion holding\plain\cf1\f51\fs20\ql that all defendants infringed the claims of U.S. Patent Nos. 8,309,060, 8,309,122 and 8,329,216. The Opinion also held that the\plain\cf1\f51\fs20\ql defendants had shown that U.S. Patent No. 8,309,060 was invalid, but that the defendants had failed to show that U.S. Patent\plain\cf1\f51\fs20\ql Nos. 8,309,122 and 8,329,216 were invalid. The District Court also issued an Order enjoining the defendants from launching their\plain\cf1\f51\fs20\ql generic products until the expiration of U.S. Patent Nos. 8,309,122 and 8,329,216. The defendants filed appeals to the Court of\plain\cf1\f51\fs20\ql Appeals for the Federal Circuit. We intend to continue to vigorously assert our intellectual property and oppose appeals by the\plain\cf1\f51\fs20\ql defendants. However, there can be no assurance that we and/or Gr\u252?nenthal will be successful. If we are unsuccessful and\plain\cf1\f51\fs20\ql Teva, Amneal, ThoRx, Actavis or Impax is able to obtain FDA approval of its product, generic versions of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER\plain\cf1\f51\fs20\ql INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology may be launched prior to the applicable patents\u8217? expirations in 2023. Additionally, we cannot\plain\cf1\f51\fs20\ql predict or determine the timing or outcome of this defense but will explore all options as appropriate in our best interests.
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\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In August 2014 and October 2014, the U.S. Patent Office issued U.S. Patent Nos. 8,808,737 and 8,871,779 respectively,\plain\cf1\f51\fs20\ql which cover a method of using OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and a highly pure version of the active pharmaceutical ingredient of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. In November 2014, EPI filed lawsuits against Teva, ThoRx, Actavis, Impax, Ranbaxy, Roxane, Amneal, and\plain\cf1\f51\fs20\ql Sandoz Inc. based on their ANDAs filed against both the INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology and non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology versions of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER. Those lawsuits were filed in the U.S. District Court for the District of Delaware alleging infringement of\plain\cf1\f51\fs20\ql these new patents, which expire in 2027 and 2029, respectively. On November 17, 2015, the District Court held the \u8216?737\plain\cf1\f51\fs20\ql patent invalid for claiming unpatentable subject matter. That patent has been dismissed from all suits and the suits\plain\cf1\f51\fs20\ql administratively closed as to that patent, subject to appeal at the end of the case on the \u8216?779 patent. Beginning July 11,\plain\cf1\f51\fs20\ql 2016, a three-day trial was held in the U.S. District Court for the District of Delaware against Teva and Amneal for infringement\plain\cf1\f51\fs20\ql of the \u8216?779 patent. In October 2016, the District Court issued an Opinion holding that the defendants infringed the claims\plain\cf1\f51\fs20\ql of U.S. Patent No. 8,871,779. The Opinion also held that the defendants had failed to show that U.S. Patent No. 8,871,779 was\plain\cf1\f51\fs20\ql invalid. The District Court issued an Order enjoining the defendants from launching their generic products until the expiration of\plain\cf1\f51\fs20\ql U.S. Patent No. 8,871,779 in November 2029. A trial for infringement of the \u8216?799 patent by Actavis was held in February\plain\cf1\f51\fs20\ql 2017 in the same court (U.S. District Court for the District of Delaware) in front of the same judge.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We intend to defend vigorously our intellectual property rights and to pursue all available legal and regulatory avenues in\plain\cf1\f51\fs20\ql defense of both the non-INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology formulation OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and the INTAC\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql technology formulation\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER, including enforcement of the product\u8217?s intellectual property rights and approved labeling. However,\plain\cf1\f51\fs20\ql there can be no assurance that we will be successful. If we are unsuccessful, competitors that already have obtained, or are able\plain\cf1\f51\fs20\ql to obtain, FDA approval of their products may be able to launch their generic versions of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER prior to the\plain\cf1\f51\fs20\ql applicable patents\u8217? expirations. Additionally, we cannot predict or determine the timing or outcome of related litigation but\plain\cf1\f51\fs20\ql will explore all options as appropriate in our best interests. In addition to the above litigation, it is possible that another generic\plain\cf1\f51\fs20\ql manufacturer may also seek to launch a generic version of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and challenge the applicable patents.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Paragraph IV Certification on FORTESTA\plain\cf1\f51\fs18\i\ql\super \u174?\plain\cf1\f51\fs20\i\ql Gel\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In January 2013, EPI and its licensor Strakan Limited received a notice from Watson advising of the filing by Watson of\plain\cf1\f51\fs20\ql an ANDA for a generic version of FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql (testosterone) Gel. In February 2013, EPI filed a lawsuit against Watson in\plain\cf1\f51\fs20\ql the U.S. District Court for the Eastern District of Texas, Marshall division. Because the suit was filed within the 45-day period\plain\cf1\f51\fs20\ql under the Hatch-Waxman Act for filing a patent infringement action, we believe that it triggered an automatic 30-month stay of\plain\cf1\f51\fs20\ql approval under the Act. A two-day trial was held on or about February 26 and 27, 2015. In August 2015, the District Court\plain\cf1\f51\fs20\ql issued an Order holding that the asserted patents are valid and are infringed by Watson\u8217?s ANDA. As a result, the District\plain\cf1\f51\fs20\ql Court ordered that the effective date for the approval of Watson\u8217?s ANDA to be the date no sooner than the latest\plain\cf1\f51\fs20\ql expiration date of the \u8217?913 Patent and the \u8217?865 Patent in November of 2018. Watson filed an appeal in October\plain\cf1\f51\fs20\ql 2015. In October 2016, the Court of Appeals for the Federal Circuit issued an opinion upholding the District Court\u8217?s\plain\cf1\f51\fs20\ql decision.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We intend, and have been advised by Strakan Limited that it too intends, to defend vigorously FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel and\plain\cf1\f51\fs20\ql to pursue all available legal and regulatory avenues in defense of FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel, including enforcement of the\plain\cf1\f51\fs20\ql product\u8217?s intellectual property rights and approved labeling. However, there can be no assurance that we and/or Strakan\plain\cf1\f51\fs20\ql will be successful. We cannot predict or determine the timing or outcome of this litigation but will explore all options as\plain\cf1\f51\fs20\ql appropriate in our best interests. In addition to the above litigation, it is possible that another generic manufacturer may also seek\plain\cf1\f51\fs20\ql to launch a generic version of FORTESTA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel and challenge the applicable patents.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Other Proceedings and Investigations\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In addition to the above proceedings, proceedings similar to those described above may also be brought in the future.\plain\cf1\f51\fs20\ql Additionally, we are involved in, or have been involved in, arbitrations or various other proceedings that arise from the normal\plain\cf1\f51\fs20\ql course of our business. We cannot predict the timing or outcome of these other proceedings. Currently, neither we nor our\plain\cf1\f51\fs20\ql subsidiaries are involved in any other proceedings that we expect to have a material effect on our business, financial condition,\plain\cf1\f51\fs20\ql results of operations and cash flows.
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\par\pard\plain\fs16\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 12. OTHER COMPREHENSIVE INCOME\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table presents the tax effects allocated to each component of Other comprehensive income for the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 and 2016 (in thousands):
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Before-Tax\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Tax Benefit\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Expense)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Net-of-Tax\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Before-Tax\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Amount\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Tax Benefit\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc (Expense)\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Net-of-Tax\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Amount\cell{
{\trowd\trqc\clvertalb\cellx2616\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3986\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5306\clvertalb\cellx5396\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6683\clvertalb\cellx6773\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8053\clvertalb\cellx8143\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9419\clvertalb\cellx9509\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh447\row}}}
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5306\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6773\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8053\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8143\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9419\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Net unrealized loss on\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql securities:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5306\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6773\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8053\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8143\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9419\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529\row}}}
{\trowd\trqc\cellx2616\clvertalb\cellx2893\clvertalb\cellx3619\clvertalb\cellx3896\clvertalb\cellx3986\clvertalb\cellx4284\clvertalb\cellx5054\clvertalb\cellx5305\clvertalb\cellx5395\clvertalb\cellx5675\clvertalb\cellx6401\clvertalb\cellx6681\clvertalb\cellx6771\clvertalb\cellx7048\clvertalb\cellx7774\clvertalb\cellx8051\clvertalb\cellx8141\clvertalb\cellx8439\clvertalb\cellx9165\clvertalb\cellx9416\clvertalb\cellx9506\clvertalb\cellx9786\clvertalb\cellx10512\clvertalb\cellx10792\trrh529
\pard\plain\intbl\li792\ri22\sb22\fi-264\cf1\f51\fs20\ql Unrealized loss arising\plain\intbl\li792\ri22\sa22\cf1\f51\fs20\ql during the period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (544\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 198\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (346\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (1,386\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 526\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (860\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\cellx2616\clvertalb\cellx2893\clvertalb\cellx3619\clvertalb\cellx3896\clvertalb\cellx3986\clvertalb\cellx4284\clvertalb\cellx5054\clvertalb\cellx5305\clvertalb\cellx5395\clvertalb\cellx5675\clvertalb\cellx6401\clvertalb\cellx6681\clvertalb\cellx6771\clvertalb\cellx7048\clvertalb\cellx7774\clvertalb\cellx8051\clvertalb\cellx8141\clvertalb\cellx8439\clvertalb\cellx9165\clvertalb\cellx9416\clvertalb\cellx9506\clvertalb\cellx9786\clvertalb\cellx10512\clvertalb\cellx10792\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh1024
\pard\plain\intbl\li792\ri22\sb22\fi-264\cf1\f51\fs20\ql Less: reclassification\plain\intbl\li792\ri22\cf1\f51\fs20\ql adjustments for (gain)\plain\intbl\li792\ri22\cf1\f51\fs20\ql loss realized in net\plain\intbl\li792\ri22\sa22\cf1\f51\fs20\ql loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh1024\row}}}
{\trowd\trqc\cellx2616\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2893\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3619\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3986\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5054\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5305\clvertalb\cellx5395\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5675\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6401\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6681\clvertalb\cellx6771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7048\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7774\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8051\clvertalb\cellx8141\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8439\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9165\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9416\clvertalb\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9786\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh529
\pard\plain\intbl\li792\ri22\sb22\fi-264\cf1\f51\fs20\ql Net unrealized (losses)\plain\intbl\li792\ri22\sa22\cf1\f51\fs20\ql gains\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (544\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 198\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (346\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (1,386\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 526\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (860\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\cellx2616\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2893\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3619\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3986\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5054\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5305\clvertalb\cellx5395\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5675\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6401\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6681\clvertalb\cellx6771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7048\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7774\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8051\clvertalb\cellx8141\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8439\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9165\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9416\clvertalb\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9786\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh529\row}}}
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5306\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6773\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8053\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8143\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9419\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Net unrealized gain (loss) on\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql foreign currency:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5306\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6683\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6773\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8053\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8143\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9419\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9509\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh529\row}}}
{\trowd\trqc\cellx2616\clvertalb\cellx3619\clvertalb\cellx3896\clvertalb\cellx3986\clvertalb\cellx5054\clvertalb\cellx5305\clvertalb\cellx5395\clvertalb\cellx6401\clvertalb\cellx6681\clvertalb\cellx6771\clvertalb\cellx7774\clvertalb\cellx8051\clvertalb\cellx8141\clvertalb\cellx9165\clvertalb\cellx9416\clvertalb\cellx9506\clvertalb\cellx10512\clvertalb\cellx10792\trrh1024
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Foreign currency\plain\intbl\li264\ri22\cf1\f51\fs20\ql translation gain (loss)\plain\intbl\li264\ri22\cf1\f51\fs20\ql arising during the\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql period\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 54,572\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 26,191\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 80,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\cellx2616\clvertalb\cellx3619\clvertalb\cellx3896\clvertalb\cellx3986\clvertalb\cellx5054\clvertalb\cellx5305\clvertalb\cellx5395\clvertalb\cellx6401\clvertalb\cellx6681\clvertalb\cellx6771\clvertalb\cellx7774\clvertalb\cellx8051\clvertalb\cellx8141\clvertalb\cellx9165\clvertalb\cellx9416\clvertalb\cellx9506\clvertalb\cellx10512\clvertalb\cellx10792\trrh1024\row}}}
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh776
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Less: reclassification\plain\intbl\li264\ri22\cf1\f51\fs20\ql adjustments for loss\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql realized in net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clshdng100\clcfpat11\clcbpat11\cellx2616\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh776\row}}}
{\trowd\trqc\clvertalb\cellx2616\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2893\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3619\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3986\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5054\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5305\clvertalb\cellx5395\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5675\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6401\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6681\clvertalb\cellx6771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7048\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7774\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8051\clvertalb\cellx8141\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8439\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9165\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9416\clvertalb\cellx9506\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9786\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10512\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Foreign currency\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql translation gain\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 15,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 54,572\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,191\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 80,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx2616\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx2893\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3619\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3896\clvertalb\cellx3986\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5054\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5305\clvertalb\cellx5395\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5675\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6401\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6681\clvertalb\cellx6771\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7048\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7774\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8051\clvertalb\cellx8141\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8439\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9165\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9416\clvertalb\cellx9506\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9786\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10512\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh529\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2616\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2893\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4284\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5675\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7048\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8439\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9786\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other comprehensive income\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 14,590\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 198\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 14,788\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 53,186\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 26,717\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 79,903\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2616\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx2893\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3619\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3896\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx3986\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx4284\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5054\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5305\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5395\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5675\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6401\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6681\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6771\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7048\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7774\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8051\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8141\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8439\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9165\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9416\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9506\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9786\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10512\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10792\trrh281\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following is a summary of the accumulated balances related to each component of Other comprehensive income, net\plain\cf1\f51\fs20\ql of taxes, at March\~31, 2017 and December\~31, 2016 (in\~thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx7357\clvertalc\cellx7685\clvertalc\cellx8727\clvertalc\cellx8967\clvertalc\cellx9070\clvertalc\cellx9437\clvertalc\cellx10479\clvertalc\cellx10796\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx7357\clvertalc\cellx7685\clvertalc\cellx8727\clvertalc\cellx8967\clvertalc\cellx9070\clvertalc\cellx9437\clvertalc\cellx10479\clvertalc\cellx10796\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx7357\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8968\clvertalb\cellx9071\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc December\~31, 2016\cell{
{\trowd\trqc\clvertalb\cellx7357\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8968\clvertalb\cellx9071\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7357\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7685\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8727\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8967\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9437\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Net unrealized gains\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 549\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 895\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7357\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7685\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8727\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8967\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9070\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9437\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx7357\clvertalb\cellx8728\clvertalb\cellx8968\clvertalb\cellx9071\clvertalb\cellx10480\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Foreign currency translation loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (339,195\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (354,329\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx7357\clvertalb\cellx8728\clvertalb\cellx8968\clvertalb\cellx9071\clvertalb\cellx10480\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7357\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7685\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8727\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8967\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9070\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9437\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Accumulated other comprehensive loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (338,646\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (353,434\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7357\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7685\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8727\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8967\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9070\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9437\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh298\row}}}{\*\bkmkstart sd33779caa44c5e5d82bed37f4b745ab}{\*\bkmkend sd33779caa44c5e5d82bed37f4b745ab}\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 13. SHAREHOLDERS' EQUITY\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql Changes in Shareholders\u8217? Equity\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table displays a reconciliation of our beginning and ending balances in shareholders\u8217? equity for the\plain\cf1\f51\fs20\ql three months ended March 31, 2017 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx8732\clvertalc\cellx9238\clvertalc\cellx10292\clvertalc\cellx10798\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8732\clvertalc\cellx9238\clvertalc\cellx10292\clvertalc\cellx10798\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh430
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Total Shareholders\u8217?\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Equity\cell{
{\trowd\trqc\clvertalb\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh430\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Shareholders\u8217? equity at January 1, 2017, prior to the adoption of ASU 2016-16\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,701,589\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10292\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Effect of adopting ASU 2016-16 (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (372,825\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10292\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Shareholders' equity at January 1, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,328,764\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8732\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10292\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10798\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8732\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10292\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10798\trrh298\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other comprehensive income\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,788\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8732\clvertalb\cellx10292\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Compensation related to share-based awards\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 19,493\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8732\clvertalb\cellx10292\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Tax withholding for restricted shares\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (1,097\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8732\clvertalb\cellx10292\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (67\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8732\clvertalb\cellx10292\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Shareholders\u8217? equity at March 31, 2017\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,188,053\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8732\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9238\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10292\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx450\clvertalc\cellx6083\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx450\clvertalc\cellx6083\trrh-66\row}}}
{\trowd\cellx450\cellx6083\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Refer to Note 2. Recent Accounting Pronouncements for further description of\plain\intbl\cf1\f51\fs16\ql ASU 2016-16.\cell{
{\trowd\cellx450\cellx6083\trrh396\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 33\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table displays a reconciliation of our beginning and ending balances in shareholders\u8217? equity for the\plain\cf1\f51\fs20\ql three months ended March 31, 2016 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx5258\clvertalc\cellx5586\clvertalc\cellx6591\clvertalc\cellx6919\clvertalc\cellx7018\clvertalc\cellx7368\clvertalc\cellx8328\clvertalc\cellx8678\clvertalc\cellx8777\clvertalc\cellx9283\clvertalc\cellx10288\clvertalc\cellx10794\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx5258\clvertalc\cellx5586\clvertalc\cellx6591\clvertalc\cellx6919\clvertalc\cellx7018\clvertalc\cellx7368\clvertalc\cellx8328\clvertalc\cellx8678\clvertalc\cellx8777\clvertalc\cellx9283\clvertalc\cellx10288\clvertalc\cellx10794\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx5258\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Attributable to:\~\cell{
{\trowd\trqc\clvertalb\cellx5258\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5258\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6920\clvertalb\cellx7019\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8679\clvertalb\cellx8778\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh430
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Endo International\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc plc\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Noncontrolling\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc interests\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs16\b\qc Total Shareholders\u8217?\plain\intbl\li22\ri22\sa22\cf1\f51\fs16\b\qc Equity\cell{
{\trowd\trqc\clvertalb\cellx5258\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6920\clvertalb\cellx7019\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8679\clvertalb\cellx8778\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10796\trrh430\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5586\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7368\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9283\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Shareholders\u8217? equity at January 1, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,968,030\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (54\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,967,976\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5586\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7368\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9283\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Net loss\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (133,869\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (133,871\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other comprehensive income\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 79,847\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 56\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 79,903\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Compensation related to share-based awards\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,967\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,967\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Tax withholding for restricted shares\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (10,272\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (10,272\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Exercise of options\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,952\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,952\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh529
\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\ql Issuance of ordinary shares related to the employee stock\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\ql purchase plan\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,434\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,434\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx5258\clvertalb\cellx6591\clvertalb\cellx6919\clvertalb\cellx7018\clvertalb\cellx8328\clvertalb\cellx8678\clvertalb\cellx8777\clvertalb\cellx10288\clvertalb\cellx10794\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,057\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,057\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Shareholders\u8217? equity at March 31, 2016\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,924,146\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 5,924,146\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5258\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5586\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6591\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6919\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7018\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7368\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8328\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8678\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8777\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9283\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10288\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10794\trrh298\row}}}\pard\plain\sb176\cf1\f51\fs20\b\i\ql Share-Based Compensation\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In February 2017, the Compensation Committee of the Company\u8217?s Board of Directors approved modifications to the\plain\cf1\f51\fs20\ql Company\u8217?s performance stock unit (PSU) program, effective with the 2017 annual grants. The plan is based upon two\plain\cf1\f51\fs20\ql discrete measures, relative total shareholder return (TSR) and a free cash flow metric. The addition of the free cash flow\plain\cf1\f51\fs20\ql performance metric, which accounts for 50% of the PSU award at grant, will be measured annually over the performance cycle,\plain\cf1\f51\fs20\ql which spans a 3-year period. The remaining 50% of the PSU award is tied exclusively to relative TSR performance, which will\plain\cf1\f51\fs20\ql be measured against the 3-year TSR of a custom index of companies. In addition to meeting the conditions required by both the\plain\cf1\f51\fs20\ql TSR and free cash flow portions of the awards, grant recipients are also subject to being employed by the Company following\plain\cf1\f51\fs20\ql the completion of the 3-year period in order to receive the awards.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company recognized share-based compensation expense of $19.5 million and $15.0 million during the three months\plain\cf1\f51\fs20\ql ended March 31, 2017 and 2016, respectively. As of March\~31, 2017, the total remaining unrecognized compensation cost related\plain\cf1\f51\fs20\ql to all non-vested share-based compensation awards amounted to $76.6 million. For the PSUs that are based on a free cash flow\plain\cf1\f51\fs20\ql metric and are measured against annual performance targets, performance targets with respect to future annual performance\plain\cf1\f51\fs20\ql periods have not yet been established. As a result, no fair value has been ascribed to these future annual performance periods and\plain\cf1\f51\fs20\ql these performance periods are not reflected in the remaining unrecognized compensation cost.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As of March\~31, 2017, the weighted average remaining requisite service period of the non-vested stock options was 3.0\plain\cf1\f51\fs20\ql years and for non-vested restricted stock units was 2.6 years.{\*\bkmkstart s7522353527945e0e9b8167b1e4b4f3b}{\*\bkmkend s7522353527945e0e9b8167b1e4b4f3b}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 14. OTHER INCOME, NET\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The components of Other income, net for the three months ended March 31, 2017 and 2016 are as follows (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8028\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8148\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9222\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9335\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9610\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Foreign currency (gain) loss, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,984\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 996\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8028\clvertalb\cellx9222\clvertalb\cellx9335\clvertalb\cellx9442\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Equity loss (earnings) from investments accounted for under the equity method, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,002\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,344\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9222\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9335\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other miscellaneous, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (55\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (559\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9222\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9335\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9442\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8148\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9222\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9610\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Other income, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,037\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (1,907\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8148\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9222\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9610\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh281\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql Foreign currency (gain) loss, net results from the remeasurement of the Company\u8217?s foreign currency denominated\plain\cf1\f51\fs20\ql assets and liabilities.{\*\bkmkstart sb8f28351ad794f1ebf529601d645c45}{\*\bkmkend sb8f28351ad794f1ebf529601d645c45}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 15. INCOME TAXES\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the three months ended March\~31, 2017, the Company recognized income tax benefit of $11.9 million on $177.4\plain\cf1\f51\fs20\ql million of loss from continuing operations before income tax, compared to $118.7 million of tax benefit on $207.5 million of loss\plain\cf1\f51\fs20\ql from continuing operations before income tax during the comparable 2016 period. The tax benefit for the current period is\plain\cf1\f51\fs20\ql primarily related to the geographic mix of pretax earnings and the discrete tax benefit associated with the International\plain\cf1\f51\fs20\ql Pharmaceuticals Segment intangible asset impairment. The tax benefit for the comparable 2016 period was primarily related to\plain\cf1\f51\fs20\ql the geographic mix of pretax earnings and the discrete tax benefit associated with the U.S. Generic Pharmaceuticals business\plain\cf1\f51\fs20\ql impairment.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 34\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As further discussed in Note 2. Recent Accounting Pronouncements, the Company adopted ASU 2016-16, effective\plain\cf1\f51\fs20\ql January 1, 2017, resulting in the elimination of previously recorded deferred charges that were established in 2016. Specifically,\plain\cf1\f51\fs20\ql the Company eliminated a $24.1 million current deferred charge and a $348.8 million non-current deferred charge that were\plain\cf1\f51\fs20\ql reflected in our Condensed Consolidated Balance Sheet at December 31, 2016 as Prepaid expenses and other current assets and\plain\cf1\f51\fs20\ql Other assets, respectively. The eliminations of these deferred charges were recorded as adjustments to retained earnings as of\plain\cf1\f51\fs20\ql January 1, 2017. On adoption, the Company also recorded net deferred tax assets, primarily related to certain intangibles and tax\plain\cf1\f51\fs20\ql deductible goodwill, of $479.7 million, fully offset by a corresponding valuation allowance.{\*\bkmkstart s2e7dff4d32125502aec67dfa2adc8cf}{\*\bkmkend s2e7dff4d32125502aec67dfa2adc8cf}\par\pard\plain\sb528\cf1\f51\fs20\b\ql NOTE 16. NET LOSS PER SHARE \par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following is a reconciliation of the numerator and denominator of basic and diluted net loss per share for the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 and 2016 (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Numerator:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Loss from continuing operations\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (165,423\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (88,763\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Less: Net income (loss) from continuing operations attributable to noncontrolling interests\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Loss from continuing operations attributable to Endo International plc ordinary shareholders\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (165,423\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (88,761\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx8188\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx9606\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529
\pard\plain\intbl\li330\ri22\sb22\cf1\f51\fs20\ql Loss from discontinued operations attributable to Endo International plc ordinary\plain\intbl\li330\ri22\sa22\cf1\f51\fs20\ql shareholders, net of tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (8,405\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (45,108\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Net loss attributable to Endo International plc ordinary shareholders\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (173,828\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (133,869\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Denominator:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql For basic per share data\u8212?weighted average shares\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 223,014\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 222,302\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Dilutive effect of ordinary share equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Dilutive effect of various convertible notes and warrants\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql For diluted per share data\u8212?weighted average shares\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 223,014\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 222,302\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}\pard\plain\sb176\fi528\cf1\f51\fs20\ql Basic net loss per share data is computed based on the weighted average number of ordinary shares outstanding during the\plain\cf1\f51\fs20\ql period. Diluted loss per share data is computed based on the weighted average number of ordinary shares outstanding and, if\plain\cf1\f51\fs20\ql there is net income from continuing operations attributable to Endo ordinary shareholders during the period, the dilutive impact of\plain\cf1\f51\fs20\ql ordinary share equivalents outstanding during the period. Ordinary share equivalents are measured under the treasury stock\plain\cf1\f51\fs20\ql method.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql Due to the Company\u8217?s adoption of ASU 2016-09, effective January 1, 2017, the Company will no longer consider\plain\cf1\f51\fs20\ql excess tax benefits resulting from share-based compensation awards when applying the treasury stock method to calculate diluted\plain\cf1\f51\fs20\ql weighted average shares outstanding. Therefore, the adoption of this ASU will have the effect of increasing dilution in periods\plain\cf1\f51\fs20\ql where there is net income from continuing operations attributable to Endo ordinary shareholders and there are weighted average\plain\cf1\f51\fs20\ql dilutive awards outstanding.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql All stock options and stock awards were excluded from the diluted share calculation for the three months ended March\~31,\plain\cf1\f51\fs20\ql 2017 and 2016 because their effect would have been anti-dilutive, as the Company was in a loss position.{\*\bkmkstart s7daae58888435011bdcef1a411f2b77}{\*\bkmkend s7daae58888435011bdcef1a411f2b77}{\*\bkmkstart item_1_3_2}{\*\bkmkend item_1_3_2}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 2.\~\~\~\~\~\~\~\~\plain\cf1\f51\fs20\b\i\ql Management\u8217?s Discussion and Analysis of Financial Condition and Results of Operations\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following Management\u8217?s Discussion and Analysis of Financial Condition and Results of Operations describes\plain\cf1\f51\fs20\ql the principal factors affecting the results of operations, liquidity and capital resources and critical accounting estimates at Endo\plain\cf1\f51\fs20\ql International plc. This discussion should be read in conjunction with the accompanying quarterly unaudited Condensed\plain\cf1\f51\fs20\ql Consolidated Financial Statements and our Annual Report on Form 10-K, for the year ended December\~31, 2016 (Annual\plain\cf1\f51\fs20\ql Report). Our Annual Report includes additional information about our significant accounting policies, practices and the\plain\cf1\f51\fs20\ql transactions that underlie our financial results, as well as a detailed discussion of the most significant risks and uncertainties\plain\cf1\f51\fs20\ql associated with our financial and operating results. Except for the historical information contained in this Report, including the\plain\cf1\f51\fs20\ql following discussion, this Report contains forward-looking statements that involve risks and uncertainties. See "Forward-Looking\plain\cf1\f51\fs20\ql Statements" beginning on page i of this Report.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Unless otherwise indicated or required by the context, references throughout to \u8220?Endo,\u8221? the\plain\cf1\f51\fs20\ql \u8220?Company,\u8221? \u8220?we,\u8221? \u8220?our\u8221? or \u8220?us\u8221? refer to financial information and\plain\cf1\f51\fs20\ql transactions of Endo International plc and its consolidated subsidiaries.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 35\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s5d1b8a8fdcb54ddb9a4a73fe41d2d8b}{\*\bkmkend s5d1b8a8fdcb54ddb9a4a73fe41d2d8b}\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb264\cf1\f51\fs20\b\ql RESULTS OF OPERATIONS\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Our quarterly results have fluctuated in the past, and may continue to fluctuate. These fluctuations are primarily due to (1)\plain\cf1\f51\fs20\ql the timing of new product launches, (2) purchasing patterns of our customers, (3) market acceptance of our products, (4) the\plain\cf1\f51\fs20\ql impact of competitive products and products we recently acquired, (5) pricing of our products, (6) the timing of mergers,\plain\cf1\f51\fs20\ql acquisitions, divestitures and other related activity. These fluctuations are also attributable to charges incurred for compensation\plain\cf1\f51\fs20\ql related to share-based payments, amortization of intangible assets, asset impairment charges, litigation-related charges,\plain\cf1\f51\fs20\ql restructuring charges and certain upfront, milestone and other payments made or accrued pursuant to acquisition or licensing\plain\cf1\f51\fs20\ql agreements.\par\pard\plain\sb176\cf1\f51\fs20\b\ql Consolidated Results Review\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Total Revenues.\plain\cf1\f51\fs20\ql Total revenues for the three months ended March 31, 2017 increased 8% to $1,037.6 million from $963.5\plain\cf1\f51\fs20\ql million in the comparable 2016 period. This revenue increase was primarily attributable to increased revenue in our U.S. Generic\plain\cf1\f51\fs20\ql Pharmaceuticals business as a result of fourth quarter 2016 launches including ezetimibe tablets (generic version of Zetia\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql )\plain\cf1\f51\fs20\ql and quetiapine ER tablets (generic version of Seroquel\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql XR) and an increase in the net sales of VASOSTRICT\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ,\plain\cf1\f51\fs20\ql partially offset by decreases in our U.S. Branded Pharmaceuticals segment, driven primarily by generic competition. The\plain\cf1\f51\fs20\ql marketing exclusivity periods for both ezetimibe tablets and quetiapine ER tablets expire in the second quarter of 2017. As a\plain\cf1\f51\fs20\ql result, revenues for these products are expected to decline significantly in subsequent periods.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Gross margin, costs and expenses.\plain\cf1\f51\fs20\ql The following table sets forth costs and expenses for the three months ended March 31\plain\cf1\f51\fs20\ql (dollars in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\trqc\clvertalc\cellx5276\clvertalc\cellx5396\clvertalc\cellx6474\clvertalc\cellx6581\clvertalc\cellx6688\clvertalc\cellx7981\clvertalc\cellx8088\clvertalc\cellx8208\clvertalc\cellx9286\clvertalc\cellx9393\clvertalc\cellx9500\clvertalc\cellx10793\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx5276\clvertalc\cellx5396\clvertalc\cellx6474\clvertalc\cellx6581\clvertalc\cellx6688\clvertalc\cellx7981\clvertalc\cellx8088\clvertalc\cellx8208\clvertalc\cellx9286\clvertalc\cellx9393\clvertalc\cellx9500\clvertalc\cellx10793\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7983\clvertalb\cellx8090\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7983\clvertalb\cellx8090\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6582\clvertalb\cellx6689\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7982\clvertalb\cellx8089\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9395\clvertalb\cellx9502\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li330\ri132\sb22\sa22\cf1\f51\fs15\b\qc $\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs15\b\qc % of Revenue\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li330\ri132\sb22\sa22\cf1\f51\fs15\b\qc $\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs15\b\qc % of Revenue\cell{
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6582\clvertalb\cellx6689\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7982\clvertalb\cellx8089\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9395\clvertalb\cellx9502\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8208\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Cost of revenues\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 668,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 64\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 688,705\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 71\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8208\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}
{\trowd\trqc\clvertalb\cellx5276\clvertalb\cellx6474\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Selling, general and administrative\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 177,240\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 17\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 178,355\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 19\cell{
{\trowd\trqc\clvertalb\cellx5276\clvertalb\cellx6474\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Research and development\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 43,009\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 4\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 41,692\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 4\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5276\clvertalb\cellx6474\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Litigation-related and other contingencies, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 936\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5,200\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 1\cell{
{\trowd\trqc\clvertalb\cellx5276\clvertalb\cellx6474\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Asset impairment charges\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 203,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 20\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 129,625\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 13\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6474\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Acquisition-related and integration items\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,880\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 1\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 12,554\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 1\cell{
{\trowd\trqc\clvertalb\cellx5276\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6474\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6581\clvertalb\cellx6688\clvertalb\cellx7981\clvertalb\cellx8088\clvertalb\cellx9286\clvertalb\cellx9393\clvertalb\cellx9500\clvertalb\cellx10793\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8208\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298
\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\ql Total costs and expenses*\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,104,989\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 106\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,056,131\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\qr 110\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5276\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx5396\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6474\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6581\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx6688\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7981\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8088\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8208\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9286\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9393\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9500\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10793\trrh298\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx217\clvertalc\cellx2374\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx217\clvertalc\cellx2374\trrh-66\row}}}
{\trowd\cellx217\cellx2374\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql *\cell\pard\plain\intbl\cf1\f51\fs16\ql Percentages may not add due to\plain\intbl\cf1\f51\fs16\ql rounding.\cell{
{\trowd\cellx217\cellx2374\trrh396\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Cost of revenues and gross margin.\plain\cf1\f51\fs20\ql Cost of revenues for the three months ended March 31, 2017 decreased 3% to\plain\cf1\f51\fs20\ql $669.0 million from the comparable 2016 period, despite increased sales. During the first quarter of 2016, Cost of revenues\plain\cf1\f51\fs20\ql included charges to increase excess inventory reserves of approximately $45 million at our U.S. Generic Pharmaceuticals segment\plain\cf1\f51\fs20\ql due to the underperformance of certain products and the planned discontinuance of several products as part of the 2016 U.S.\plain\cf1\f51\fs20\ql Generic Pharmaceuticals restructuring initiative. Such costs declined significantly during the three months ended March 31, 2017.\plain\cf1\f51\fs20\ql Additional items contributing to the decrease in Cost of revenues include the impact of product rationalization from the U.S.\plain\cf1\f51\fs20\ql Generic Pharmaceuticals restructuring initiative for the three months ended March 31, 2017, as well as a year-over-year decrease\plain\cf1\f51\fs20\ql in inventory step-up expense. Partially offsetting the decrease in Cost of revenues is a year-over-year increase in amortization\plain\cf1\f51\fs20\ql expense resulting from certain generic product launches, as well as increased costs associated with higher revenues.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Gross margin for the three months ended March 31, 2017 increased to 36% from 29% in the comparable 2016 period.\plain\cf1\f51\fs20\ql This increase was driven by the reductions in Cost of revenues described above, partially offset by the change in the mix of\plain\cf1\f51\fs20\ql revenue toward lower margin generic pharmaceutical product sales.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Selling, general and administrative expenses.\plain\cf1\f51\fs20\ql Selling, general and administrative expenses for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 decreased 1% to $177.2 million from the comparable 2016 period. This decrease was primarily a result of cost\plain\cf1\f51\fs20\ql reduction initiatives that were implemented during 2016 and in the first quarter of 2017, partially offset by restructuring charges\plain\cf1\f51\fs20\ql of $15.5 million recorded in the first quarter of 2017 related to the January 2017 Restructuring. Our restructuring initiatives are\plain\cf1\f51\fs20\ql described more fully in Note 4. Restructuring of the Condensed Consolidated Financial Statements included in Part I, Item 1 of\plain\cf1\f51\fs20\ql this Quarterly Report on Form 10-Q.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Research and development expenses.\plain\cf1\f51\fs20\ql Research and development (R&D) expenses for the three months ended March 31,\plain\cf1\f51\fs20\ql 2017 increased 3% to $43.0 million from the comparable 2016 period. This increase was primarily attributable to increased\plain\cf1\f51\fs20\ql spend at our U.S. Generic Pharmaceuticals segment, which currently has a wide range of products in its pipeline including\plain\cf1\f51\fs20\ql high-barrier-to-entry generic products and first-to-file or first-to-market opportunities.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 36\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Litigation-related and other contingencies, net.\plain\cf1\f51\fs20\ql Litigation-related and other contingencies, net for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 decreased 82% to $0.9 million from the comparable 2016 period. Our material legal proceedings and other\plain\cf1\f51\fs20\ql contingent matters are described in more detail in Note 11. Commitments and Contingencies of the Condensed Consolidated\plain\cf1\f51\fs20\ql Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Asset impairment charges.\plain\cf1\f51\fs20\ql Asset impairment charges for the three months ended March 31, 2017 totaled $204.0 million\plain\cf1\f51\fs20\ql compared to $129.6 million in the comparable 2016 period. A summary of significant goodwill and other intangible asset\plain\cf1\f51\fs20\ql impairment charges by reportable segment for the three months ended March 31, 2017 and 2016 is included below.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql U.S. Generic Pharmaceuticals Segment\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the three months ended March 31, 2017, the Company identified certain market conditions impacting the\plain\cf1\f51\fs20\ql recoverability of developed technology intangible assets in its U.S. Generic Pharmaceuticals segment. Accordingly, we tested\plain\cf1\f51\fs20\ql these assets for impairment and determined that their carrying amounts were no longer fully recoverable, resulting in pre-tax,\plain\cf1\f51\fs20\ql non-cash asset impairment charges totaling $72.7 million during the first quarter of 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql During the three months ended March 31, 2016, the Company identified certain market and regulatory conditions\plain\cf1\f51\fs20\ql impacting the recoverability of certain indefinite and finite-lived intangible assets in our U.S. Generic Pharmaceuticals segment.\plain\cf1\f51\fs20\ql Accordingly, we tested these assets for impairment and determined that the carrying amount of certain of these assets was no\plain\cf1\f51\fs20\ql longer fully recoverable, resulting in pre-tax, non-cash asset impairment charges of $29.3 million during the first quarter of\plain\cf1\f51\fs20\ql 2016. In addition, during the first quarter of 2016, the Company recognized pre-tax, non-cash asset impairment charges of\plain\cf1\f51\fs20\ql $100.3 million related to the 2016 U.S. Generic Pharmaceuticals restructuring initiative, which resulted from the discontinuation\plain\cf1\f51\fs20\ql of certain commercial products and the abandonment of certain IPR&D projects. See Note 4. Restructuring of the Condensed\plain\cf1\f51\fs20\ql Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q for additional discussion.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql International Pharmaceuticals Segment\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Pursuant to an existing agreement with a wholly owned subsidiary of Novartis AG (Novartis), Paladin licensed the\plain\cf1\f51\fs20\ql Canadian rights to commercialize serelaxin, an investigational drug for the treatment of acute heart failure (AHF). In March 2017,\plain\cf1\f51\fs20\ql Novartis announced that a Phase III study of serelaxin in patients with AHF failed to meet its primary endpoints. As a result,\plain\cf1\f51\fs20\ql Endo has concluded that its serelaxin in-process research and development intangible asset is fully impaired resulting in a $45.5\plain\cf1\f51\fs20\ql million impairment charge for the three months ended March 31, 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql In addition and as a result of the serelaxin impairment, the Company assessed the recoverability of its Paladin goodwill\plain\cf1\f51\fs20\ql balance and determined that the estimated fair value of the Paladin reporting unit was below its book value. Based on the\plain\cf1\f51\fs20\ql provisions of ASU 2017-04, which the Company adopted as of January 1, 2017, the Company recorded a pre-tax, non-cash\plain\cf1\f51\fs20\ql asset impairment charge of $82.6 million during the three months ended March 31, 2017. The Company estimated the fair value\plain\cf1\f51\fs20\ql of the Paladin reporting unit using an income approach that utilizes a discounted cash flow model, which is dependent upon the\plain\cf1\f51\fs20\ql Company\u8217?s estimates of future cash flows and other factors. This estimate involves assumptions concerning (i) future\plain\cf1\f51\fs20\ql operating performance, including future sales, long-term growth rates, operating margins, variations in the amount and timing of\plain\cf1\f51\fs20\ql cash flows and the probability of achieving the estimated cash flows and (ii) future economic conditions. The underlying\plain\cf1\f51\fs20\ql assumptions are based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair\plain\cf1\f51\fs20\ql value hierarchy. The discount rate applied to the estimated cash flows for our Paladin goodwill impairment test was 10.0%,\plain\cf1\f51\fs20\ql reflecting the overall risk associated with the reporting unit and other market factors. We believe the discount rate and other\plain\cf1\f51\fs20\ql inputs and assumptions are consistent with those that a market participant would use.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Additionally, the Company is currently assessing strategic alternatives for its Somar business. Should this strategic process\plain\cf1\f51\fs20\ql continue to advance successfully, the assets and liabilities of the Somar business may eventually be classified as held-for-sale in\plain\cf1\f51\fs20\ql our Condensed Consolidated Balance Sheets. Although we cannot predict the ultimate timing or outcome of the strategic process,\plain\cf1\f51\fs20\ql held-for-sale accounting will trigger an additional impairment review that could lead to material impairment charges. Based on\plain\cf1\f51\fs20\ql progress to date and preliminary indications of interest from potential buyers, it is possible that certain Somar assets could\plain\cf1\f51\fs20\ql become impaired, including intangible assets and goodwill. As of March 31, 2017, Somar\u8217?s net book value, including\plain\cf1\f51\fs20\ql currency translation adjustments, was approximately $220 million.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Acquisition-related and integration items.\plain\cf1\f51\fs20\ql Acquisition-related and integration items for the three months ended March 31,\plain\cf1\f51\fs20\ql 2017 decreased 13% to $10.9 million from the comparable 2016 period. Acquisition-related and integration items, excluding\plain\cf1\f51\fs20\ql amounts related to contingent consideration, for the three months ended March 31, 2017 decreased 79.8% to $4.7 million from\plain\cf1\f51\fs20\ql the comparable 2016 period. The decrease was primarily attributable to lower costs incurred associated with our 2015 Auxilium\plain\cf1\f51\fs20\ql and Par acquisitions.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net adjustments related to acquisition-related contingent consideration, which resulted from changes in market conditions\plain\cf1\f51\fs20\ql impacting the commercial potential of the underlying products, included a charge of $6.2 million for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 compared to a benefit of $10.7 million in the comparable 2016 period. See Note 7. Fair Value Measurements of\plain\cf1\f51\fs20\ql the Condensed Consolidated Financial Statements included in Part I, Item 1 for further discussion of our acquisition-related\plain\cf1\f51\fs20\ql contingent consideration.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 37\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Interest expense, net.\plain\cf1\f51\fs20\ql The components of Interest expense, net for the three months ended March 31 are as follows (in\plain\cf1\f51\fs20\ql thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx8068\clvertalc\cellx8188\clvertalc\cellx9266\clvertalc\cellx9379\clvertalc\cellx9486\clvertalc\cellx9606\clvertalc\cellx10684\clvertalc\cellx10797\trrh-66\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Interest expense\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 113,453\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 117,470\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Interest income\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (1,454\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (677\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Interest expense, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 111,999\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 116,793\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql Interest expense for the three months ended March 31, 2017 decreased 3% to $113.5 million from the comparable 2016\plain\cf1\f51\fs20\ql period. This decrease was primarily attributable to a decrease in the aggregate principal amount of our average total outstanding\plain\cf1\f51\fs20\ql indebtedness to $8.4 billion for the three months ended March 31, 2017 from $8.7 billion in the comparable 2016 period.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Other income, net.\plain\cf1\f51\fs20\ql The components of Other income, net for the three months ended March 31 are as follows (in\plain\cf1\f51\fs20\ql thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalc\cellx10799\trrh-66\row}}}
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Foreign currency (gain) loss, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,984\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 996\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Equity loss (earnings) from investments accounted for under the equity method, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,002\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,344\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other miscellaneous, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (55\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (559\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Other income, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (2,037\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (1,907\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8028\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8148\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9222\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9335\clvertalb\cellx9442\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9610\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh281\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql Foreign currency loss (gain), net results from the remeasurement of our foreign currency denominated assets and liabilities.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Income tax benefit\plain\cf1\f51\fs20\ql . During the three months ended March\~31, 2017, the Company recognized income tax benefit of $11.9\plain\cf1\f51\fs20\ql million on $177.4 million of loss from continuing operations before income tax, compared to $118.7 million of tax benefit on\plain\cf1\f51\fs20\ql $207.5 million of loss from continuing operations before income tax during the comparable 2016 period. The tax benefit for the\plain\cf1\f51\fs20\ql current period is primarily related to the geographic mix of pretax earnings and the discrete tax benefit associated with the\plain\cf1\f51\fs20\ql International Pharmaceuticals Segment intangible asset impairment. The tax benefit for the comparable 2016 period was primarily\plain\cf1\f51\fs20\ql related to the geographic mix of pretax earnings and the discrete tax benefit associated with the U.S. Generic Pharmaceuticals\plain\cf1\f51\fs20\ql business impairment.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As further discussed in Note 2. Recent Accounting Pronouncements of the Condensed Consolidated Financial Statements\plain\cf1\f51\fs20\ql included in Part I, Item 1 of this Quarterly Report on Form 10-Q, the Company adopted ASU 2016-16, effective January 1,\plain\cf1\f51\fs20\ql 2017, resulting in the elimination of previously recorded deferred charges that were established in 2016. Specifically, the\plain\cf1\f51\fs20\ql Company eliminated a $24.1 million current deferred charge and a $348.8 million non-current deferred charge that were reflected\plain\cf1\f51\fs20\ql in our Condensed Consolidated Balance Sheet at December 31, 2016 as Prepaid expenses and other current assets and Other\plain\cf1\f51\fs20\ql assets, respectively. The eliminations of these deferred charges were recorded as adjustments to retained earnings as of January 1,\plain\cf1\f51\fs20\ql 2017. On adoption, the Company also recorded net deferred tax assets, primarily related to certain intangibles and tax deductible\plain\cf1\f51\fs20\ql goodwill, of $479.7 million, fully offset by a corresponding valuation allowance.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Discontinued operations, net of tax.\plain\cf1\f51\fs20\ql As a result of the decision to sell our AMS business and wind down our Astora\plain\cf1\f51\fs20\ql business, the operating results of this business are reported as Discontinued operations, net of tax in the Condensed Consolidated\plain\cf1\f51\fs20\ql Statements of Operations for all periods presented. The results of our discontinued operations totaled $8.4 million of loss, net of\plain\cf1\f51\fs20\ql tax, during the three months ended March 31, 2017 compared to $45.1 million of loss, net of tax, in the comparable 2016 period.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The change during the three months ended March 31, 2017 was mainly due to a decrease in overall spending related to the\plain\cf1\f51\fs20\ql wind-down of our Astora business. Additionally, there was a decrease in charges relating to mesh litigation of $2.2 million and a\plain\cf1\f51\fs20\ql decrease in asset impairment charges of $21.2 million. These amounts were partially offset by a decrease in the income tax\plain\cf1\f51\fs20\ql benefit of $19.2 million.\par\pard\plain\sb176\cf1\f51\fs20\b\i\ql 2017 Outlook\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We estimate that our 2017 total revenues will be between $3.45 billion and $3.60 billion. This estimate reflects an\plain\cf1\f51\fs20\ql anticipated decline in our U.S. Generic Pharmaceuticals segment driven by a decline in the base business partially offset by\plain\cf1\f51\fs20\ql growth in our Sterile Injectables and new launch revenues; a decline in our U.S. Branded Pharmaceuticals segment resulting from\plain\cf1\f51\fs20\ql the annualization of the loss of exclusivity for VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel and FROVA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and the continued decline in the legacy\plain\cf1\f51\fs20\ql pain portfolio, partially offset by the growth of XIAFLEX\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and our other Specialty business products; and the divestiture of\plain\cf1\f51\fs20\ql the South African Litha Healthcare Group Limited and competitive pressures in our International Pharmaceuticals segment. The\plain\cf1\f51\fs20\ql Company anticipates improved margins in 2017 driven by product rationalization in our U.S. Generic Pharmaceuticals segment\plain\cf1\f51\fs20\ql and targeted cost reductions in selling, general and administrative expenses. We will continue to invest in XIAFLEX\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and\plain\cf1\f51\fs20\ql other core products to position the Company for long-term success. There can be no assurance that we will achieve these results.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 38\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\cf1\f51\fs20\b\ql Business Segment Results Review\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The three reportable business segments in which we operate are: (1) U.S. Generic Pharmaceuticals, (2) U.S. Branded\plain\cf1\f51\fs20\ql Pharmaceuticals and (3) International Pharmaceuticals. These segments reflect the level at which the chief operating decision\plain\cf1\f51\fs20\ql maker regularly reviews financial information to assess performance and to make decisions about resources to be allocated. Each\plain\cf1\f51\fs20\ql segment derives revenue from the sales or licensing of its respective products and is discussed in more detail below.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We evaluate segment performance based on each segment\u8217?s adjusted income from continuing operations before\plain\cf1\f51\fs20\ql income tax, a financial measure not determined in accordance with U.S. GAAP, which we define as loss from continuing\plain\cf1\f51\fs20\ql operations before income tax and before certain upfront and milestone payments to partners; acquisition-related and integration\plain\cf1\f51\fs20\ql items, including transaction costs, earn-out payments or adjustments, changes in the fair value of contingent consideration and\plain\cf1\f51\fs20\ql bridge financing costs; cost reduction and integration-related initiatives such as separation benefits, retention payments, other exit\plain\cf1\f51\fs20\ql costs and certain costs associated with integrating an acquired company\u8217?s operations; excess costs that will be eliminated\plain\cf1\f51\fs20\ql pursuant to integration plans; asset impairment charges; amortization of intangible assets; inventory step-up recorded as part of\plain\cf1\f51\fs20\ql our acquisitions; certain non-cash interest expense; litigation-related and other contingent matters; gains or losses from early\plain\cf1\f51\fs20\ql termination of debt; foreign currency gains or losses on intercompany financing arrangements; and certain other items.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Certain of the corporate general and administrative expenses incurred by us are not attributable to any specific segment.\plain\cf1\f51\fs20\ql Accordingly, these costs are not allocated to any of our segments and are included in the results below as \u8220?Corporate\plain\cf1\f51\fs20\ql unallocated costs.\u8221? Interest income and expense are also considered corporate items and not allocated to any of our\plain\cf1\f51\fs20\ql segments. Our consolidated adjusted income from continuing operations before income tax is equal to the combined results of\plain\cf1\f51\fs20\ql each of its segments less these unallocated corporate items.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We refer to adjusted income from continuing operations before income tax in making operating decisions because we\plain\cf1\f51\fs20\ql believe it provides meaningful supplemental information regarding our operational performance. For instance, we believe that this\plain\cf1\f51\fs20\ql measure facilitates its internal comparisons to our historical operating results and comparisons to competitors\u8217? results. We\plain\cf1\f51\fs20\ql believe this measure is useful to investors in allowing for greater transparency related to supplemental information used in our\plain\cf1\f51\fs20\ql financial and operational decision-making. In addition, we have historically reported similar financial measures to our investors\plain\cf1\f51\fs20\ql and believe that the inclusion of comparative numbers provides consistency in our current financial reporting. Further, we believe\plain\cf1\f51\fs20\ql that adjusted income from continuing operations before income tax may be useful to investors as we are aware that certain of our\plain\cf1\f51\fs20\ql significant shareholders utilize adjusted income from continuing operations before income tax to evaluate our financial\plain\cf1\f51\fs20\ql performance. Finally, adjusted income from continuing operations before income tax is utilized in the calculation of adjusted\plain\cf1\f51\fs20\ql diluted income per share, which is used by the Compensation Committee of Endo\u8217?s Board of Directors in assessing the\plain\cf1\f51\fs20\ql performance and compensation of substantially all of our employees, including our executive officers.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql There are limitations to using financial measures such as adjusted income from continuing operations before income tax.\plain\cf1\f51\fs20\ql Other companies in our industry may define adjusted income from continuing operations before income tax differently than we\plain\cf1\f51\fs20\ql do. As a result, it may be difficult to use adjusted income from continuing operations before income tax or similarly named\plain\cf1\f51\fs20\ql adjusted financial measures that other companies may use to compare the performance of those companies to our performance.\plain\cf1\f51\fs20\ql Because of these limitations, adjusted income from continuing operations before income tax is not intended to represent cash flow\plain\cf1\f51\fs20\ql from operations as defined by U.S. GAAP and should not be used as alternatives to net income as indicators of operating\plain\cf1\f51\fs20\ql performance or to cash flows as measures of liquidity. We compensate for these limitations by providing reconciliations of our\plain\cf1\f51\fs20\ql total segment adjusted income from continuing operations before income tax to our consolidated loss from continuing operations\plain\cf1\f51\fs20\ql before income tax, which is determined in accordance with U.S. GAAP and included in our Condensed Consolidated Statements\plain\cf1\f51\fs20\ql of Operations.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Revenues.\plain\cf1\f51\fs20\ql The following table displays our revenue by reportable segment for the three months ended March 31 (dollars\plain\cf1\f51\fs20\ql in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Net revenues to external customers:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Generic Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 721,983\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Branded Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 250,159\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 308,813\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql International Pharmaceuticals (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 65,458\cell
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\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total net revenues to external customers\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 1,037,600\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 963,539\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Revenues generated by our International Pharmaceuticals segment are primarily attributable to Canada, Latin America and South\plain\intbl\cf1\f51\fs16\ql Africa.\cell{
{\trowd\cellx579\cellx9668\trrh396\row}}}
\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 39\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\i\ql U.S. Generic Pharmaceuticals.\plain\cf1\f51\fs20\ql The following table displays the significant components of our U.S. Generic\plain\cf1\f51\fs20\ql Pharmaceuticals revenues to external customers for the three months ended March 31 (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8069\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8069\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8069\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9380\clvertalb\cellx9487\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
{\trowd\trqc\clvertalb\cellx8069\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9380\clvertalb\cellx9487\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql U.S. Generic Pharmaceuticals:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8069\clvertalb\cellx8189\clvertalb\cellx9267\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx9607\clvertalb\cellx10685\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql U.S. Generics Base (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 236,147\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 347,429\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8069\clvertalb\cellx8189\clvertalb\cellx9267\clvertalb\cellx9380\clvertalb\cellx9487\clvertalb\cellx9607\clvertalb\cellx10685\clvertalb\cellx10798\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9267\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10685\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Sterile Injectables\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 151,349\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 123,689\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8069\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9267\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9380\clvertalb\cellx9487\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10685\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh281
\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql New Launches and Alternative Dosages (2)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 334,487\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 112,272\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8189\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9267\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9607\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10685\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Total U.S. Generic Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 721,983\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 583,390\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain
{\trowd\clvertalc\cellx548\clvertalc\cellx8823\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx548\clvertalc\cellx8823\trrh-66\row}}}
{\trowd\cellx548\cellx8823\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql U.S. Generics Base includes solid oral-extended release, solid oral-immediate release and pain/controlled substances\plain\intbl\cf1\f51\fs16\ql products.\cell{
{\trowd\cellx548\cellx8823\trrh396\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh792
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql New Launches and Alternative Dosages includes liquids, semi-solids, patches, powders, ophthalmics, sprays and new product launches. Products are\plain\intbl\cf1\f51\fs16\ql included in New Launches during the calendar year of launch and the subsequent calendar year such that the period of time any product will be\plain\intbl\cf1\f51\fs16\ql considered a New Launch will range from thirteen to twenty-four months. New Launches contributed $241.5 million of revenues for the three months\plain\intbl\cf1\f51\fs16\ql ended March 31, 2017 compared to $29.3 million of revenues in the comparable 2016 period.\cell{
{\trowd\cellx630\cellx10800\trrh792\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of U.S. Generics Base for the three months ended March 31, 2017 decreased 32% to $236.1 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This decrease was primarily attributable to continued competitive pressure on commoditized generic\plain\cf1\f51\fs20\ql products and product rationalization actions resulting from the 2016 U.S. Generic Pharmaceuticals restructuring.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of Sterile Injectables for the three months ended March 31, 2017 increased 22% to $151.3 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This increase was primarily attributable to net sales of VASOSTRICT\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and certain other products.\plain\cf1\f51\fs20\ql VASOSTRICT\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql is the first and only vasopressin injection with a New Drug Application (NDA) approved by the FDA. Its\plain\cf1\f51\fs20\ql sales were $99.2 million for the three months ended March 31, 2017, up from $80.0 million in the comparable 2016 period, with\plain\cf1\f51\fs20\ql the change driven by increases in both price and volume.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of New Launches and Alternative Dosages for the three months ended March 31, 2017 increased 198% to\plain\cf1\f51\fs20\ql $334.5 million from the comparable 2016 period. This increase was primarily attributable to sales of ezetimibe tablets and\plain\cf1\f51\fs20\ql quetiapine ER tablets, both of which are first-to-file products launched in the fourth quarter of 2016. The marketing exclusivity\plain\cf1\f51\fs20\ql periods for each of these products expire in the second quarter of 2017. As a result, revenues for these products are expected to\plain\cf1\f51\fs20\ql decline significantly in subsequent periods. Total combined net sales for these two products for the three months ended March\plain\cf1\f51\fs20\ql 31, 2017 were approximately $201.4 million. The remaining increase was attributable to Alternative Dosages, driven by favorable\plain\cf1\f51\fs20\ql changes in the competitive market for certain products in this category.\par\pard\plain\sb176\fi594\cf1\f51\fs20\i\ql U.S. Branded Pharmaceuticals\plain\cf1\f51\fs20\ql . The following table displays the significant components of our U.S. Branded\plain\cf1\f51\fs20\ql Pharmaceuticals revenues to external customers for the three months ended March 31 (in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
{\trowd\trqc\clvertalb\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10799\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9487\clvertalb\cellx9594\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li132\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\i\ql Specialty Products:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx8404\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx9714\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql XIAFLEX\u174?\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 49,525\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 44,045\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx8404\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx9714\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql SUPPRELIN\u174? LA\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 19,181\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 17,252\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9374\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9487\clvertalb\cellx9594\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Other Specialty (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 36,028\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 32,969\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9374\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9487\clvertalb\cellx9594\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8404\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9714\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs20\ql Total Specialty Products\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 104,734\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 94,266\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\i\ql Established Products:\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql OPANA\u174? ER\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 35,718\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 44,670\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8404\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9714\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql PERCOCET\u174?\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 30,945\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 33,593\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql VOLTAREN\u174? Gel\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,274\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 35,747\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql LIDODERM\u174?\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 13,176\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 19,712\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clvertalb\cellx9374\clvertalb\cellx9487\clvertalb\cellx9594\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li330\ri22\sb22\sa22\cf1\f51\fs20\ql Other Established (2)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 51,312\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 80,825\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8404\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9374\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9487\clvertalb\cellx9594\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9714\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh298
\pard\plain\intbl\li594\ri22\sb22\sa22\cf1\f51\fs20\ql Total Established Products\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 145,425\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 214,547\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8284\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8404\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9374\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9487\clvertalb\cellx9594\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9714\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh298\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8404\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9714\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Total U.S. Branded Pharmaceuticals (3)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 250,159\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 308,813\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8284\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8404\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9374\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9594\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9714\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx538\clvertalc\cellx8425\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx538\clvertalc\cellx8425\trrh-66\row}}}
{\trowd\cellx538\cellx8425\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Products included within Other Specialty include TESTOPEL\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql , NASCOBAL\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql Nasal Spray, and\plain\intbl\cf1\f51\fs16\ql AVEED\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql .\cell{
{\trowd\cellx538\cellx8425\trrh396\row}}}
\pard\plain
{\trowd\clvertalc\cellx629\clvertalc\cellx10779\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx629\clvertalc\cellx10779\trrh-66\row}}}
{\trowd\cellx629\cellx10779\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql Products included within Other Established include, but are not limited to, TESTIM\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql and FORTESTA\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql Gel, including the authorized generic.\cell{
{\trowd\cellx629\cellx10779\trrh198\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh594
\pard\plain\intbl\li286\cf1\f51\fs16\ql (3)\cell\pard\plain\intbl\cf1\f51\fs16\ql Individual products presented above represent the top two performing products in each product category and/or any product having revenues in excess\plain\intbl\cf1\f51\fs16\ql of $25 million during any quarterly period in 2017 or 2016. LIDODERM\plain\intbl\cf1\f51\fs14\ql\super \u174?\plain\intbl\cf1\f51\fs16\ql is separately presented as its revenues exceeded $25 million in certain\plain\intbl\cf1\f51\fs16\ql quarterly periods in 2016.\cell{
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\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Specialty Products\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of XIAFLEX\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql for the three months ended March 31, 2017 increased 12% to $49.5 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. The increase was primarily attributable to demand growth driven by the continued investment and\plain\cf1\f51\fs20\ql promotional efforts behind XIAFLEX\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql as well as price.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of SUPPRELIN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql LA for the three months ended March 31, 2017 increased 11% to $19.2 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This increase was primarily attributable to price increases.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of Other Specialty Products for the three months ended March 31, 2017 increased 9% to $36.0 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This increase was attributable to increased NASCOBAL\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Nasal Spray and TESTOPEL\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql revenues related to price and volume increases for both products.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Established Products\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER for the three months ended March 31, 2017 decreased 20% to $35.7 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. Net sales continue to be impacted by competing generic versions of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER and market\plain\cf1\f51\fs20\ql declines. In March 2017, we announced that the FDA\u8217?s Drug Safety and Risk Management and Anesthetic and Analgesic\plain\cf1\f51\fs20\ql Drug Products Advisory Committees (the Committees) voted that the benefits of reformulated OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER (oxymorphone\plain\cf1\f51\fs20\ql hydrochloride extended release) no longer outweigh its risks. While several of the Committee members acknowledged the role of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER in clinical practice, others believed its benefits are now outweighed by the continuing public health concerns\plain\cf1\f51\fs20\ql around the product\u8217?s misuse, abuse and diversion. During the Committees\u8217? discussion following the vote, a number\plain\cf1\f51\fs20\ql of Committee members recommended that OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER remain on the market with additional regulatory restrictions to\plain\cf1\f51\fs20\ql mitigate the risks. The FDA convened these Committees to discuss pre- and post-marketing data about the abuse of\plain\cf1\f51\fs20\ql OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER, the product\u8217?s overall risk-benefit profile, as well as the abuse of generic oxymorphone ER and\plain\cf1\f51\fs20\ql oxymorphone immediate-release products. While the FDA will consider the Committees\u8217? vote, any decision regarding\plain\cf1\f51\fs20\ql whether to take regulatory action rests solely with the FDA. Any such regulatory action taken could have material adverse effect\plain\cf1\f51\fs20\ql on future sales of OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of PERCOCET\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql for the three months ended March 31, 2017 decreased 8% to $30.9 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This decrease was attributable to volume decreases, partially offset by price increases.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel for the three months ended March 31, 2017 decreased 60% to $14.3 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This decrease was primarily attributable to the March 2016 launch of Amneal Pharmaceuticals\plain\cf1\f51\fs20\ql LLC\u8217?s generic equivalent of VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel and our launch of the authorized generic of VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel\plain\cf1\f51\fs20\ql in July 2016. Subject to FDA approval, it is possible one or more additional competing generic products could potentially enter\plain\cf1\f51\fs20\ql the market, which could negatively impact future sales of VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql for the three months ended March 31, 2017 decreased 33% to $13.2 million from the\plain\cf1\f51\fs20\ql comparable 2016 period. This decrease was attributable to volume decreases resulting from generic competition, partially offset\plain\cf1\f51\fs20\ql by an increase in price.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net sales of Other Established Products for the three months ended March 31, 2017 decreased 37% to $51.3 million from\plain\cf1\f51\fs20\ql the comparable 2016 period. This decrease was attributable to generic competition on FROVA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql , the divestiture of\plain\cf1\f51\fs20\ql STENDRA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql in the third quarter of 2016 and volume decreases related to other products in this category resulting from\plain\cf1\f51\fs20\ql generic competition.\par\pard\plain\sb176\fi594\cf1\f51\fs20\i\ql International Pharmaceuticals.\plain\cf1\f51\fs20\ql Revenues from our International Pharmaceuticals segment for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 decreased 8% to $65.5 million from the comparable 2016 period. This decrease was primarily attributable to\plain\cf1\f51\fs20\ql lower volumes across the international markets in which we operate.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Adjusted income from continuing operations before income tax.\plain\cf1\f51\fs20\ql The following table displays our Adjusted income from\plain\cf1\f51\fs20\ql continuing operations before income tax by reportable segment for the three months ended March 31 (in thousands):
\par\pard\plain
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Adjusted income from continuing operations before income tax:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Generic Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 341,599\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 211,768\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql U.S. Branded Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 129,492\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 168,781\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql International Pharmaceuticals\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 14,882\cell
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\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total segment adjusted income from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 485,973\cell
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\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\i\ql U.S. Branded Pharmaceuticals.\plain\cf1\f51\fs20\ql Adjusted income from continuing operations before income tax for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 decreased 23% to $129.5 million from the comparable 2016 period. This decrease is primarily attributable to\plain\cf1\f51\fs20\ql decreased VOLTAREN\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql Gel, FROVA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql , LIDODERM\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql and OPANA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql ER revenues related to generic\plain\cf1\f51\fs20\ql competition and the divestiture of STENDRA\plain\cf1\f51\fs18\ql\super \u174?\plain\cf1\f51\fs20\ql in the third quarter of 2016. The decrease in revenue was offset by targeted\plain\cf1\f51\fs20\ql cost reductions in selling, general and administrative expenses associated with our previously announced restructuring initiatives.\par\pard\plain\sb176\fi594\cf1\f51\fs20\i\ql International Pharmaceuticals.\plain\cf1\f51\fs20\ql Adjusted income from continuing operations before income tax for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 decreased 32% to $14.9 million from the comparable 2016 period. This decrease was primarily attributable to\plain\cf1\f51\fs20\ql decreased revenues as described above and unfavorable shifts in the mix of revenue.\par\pard\plain\sb176\fi528\cf1\f51\fs20\ql The table below provides reconciliations of our consolidated loss from continuing operations before income tax, which is\plain\cf1\f51\fs20\ql determined in accordance with U.S. GAAP, to our total segment adjusted income from continuing operations before income tax\plain\cf1\f51\fs20\ql for the three months ended March 31, (in thousands):
\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total consolidated loss from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (177,351\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (207,478\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8188\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9606\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Interest expense, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 111,999\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 116,793\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Corporate unallocated costs (1)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 47,468\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 36,280\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Amortization of intangible assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 263,134\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 211,669\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Inventory step-up and certain manufacturing costs that will be eliminated pursuant to\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql integration plans\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 115\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 68,476\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh529\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Upfront and milestone payments to partners\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 3,095\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,417\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Separation benefits and other cost reduction initiatives (2)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 22,670\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 38,456\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\fi-264\cf1\f51\fs20\ql Impact of VOLTAREN\plain\intbl\li264\ri22\cf1\f51\fs18\ql\super \u174?\plain\intbl\li264\ri22\sa22\cf1\f51\fs20\ql \~Gel generic competition\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (7,750\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Certain litigation-related charges, net (3)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 936\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 5,200\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Asset impairment charges (4)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 203,962\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 129,625\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Acquisition-related and integration items (5)\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 10,880\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 12,554\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Foreign currency impact related to the remeasurement of intercompany debt instruments\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,694\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,255\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clvertalb\cellx9266\clvertalb\cellx9379\clvertalb\cellx9486\clvertalb\cellx10684\clvertalb\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Other, net\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,759\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (4,194\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8068\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9266\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9379\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9486\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10684\clbrdrb\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10797\trrh281\row}}}
{\trowd\trqc\clvertalb\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh298
\pard\plain\intbl\li264\ri22\sb22\sa22\fi-264\cf1\f51\fs20\ql Total segment adjusted income from continuing operations before income tax\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 485,973\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 402,303\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\trqc\clvertalb\cellx8068\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx8188\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9266\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9379\clvertalb\cellx9486\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx9606\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10684\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\cellx10797\trrh298\row}}}\pard\plain\cf1\f51\fs16\ql __________
\par\pard\plain
{\trowd\clvertalc\cellx621\clvertalc\cellx10601\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx621\clvertalc\cellx10601\trrh-66\row}}}
{\trowd\cellx621\cellx10601\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql Corporate unallocated costs include certain corporate overhead costs, such as headcount and facility expenses and certain other income and expenses.\cell{
{\trowd\cellx621\cellx10601\trrh198\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66\row}}}
{\trowd\cellx630\cellx10800\trrh990
\pard\plain\intbl\li286\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql Separation benefits and other cost reduction initiatives include employee separation costs of $20.8 million and $6.8 million for the three months ended\plain\intbl\cf1\f51\fs16\ql March 31, 2017 and 2016, respectively. During the three months ended March 31, 2017, there were other restructuring costs of $1.9 million. Other\plain\intbl\cf1\f51\fs16\ql amounts in the comparable 2016 period primarily consist of $26.9 million of inventory write-offs and $4.4 million of other restructuring costs. These\plain\intbl\cf1\f51\fs16\ql amounts were primarily recorded as Cost of revenues and Selling, general and administrative expense in our Condensed Consolidated Statements of\plain\intbl\cf1\f51\fs16\ql Operations. See Note 4. Restructuring for discussion of our material restructuring initiatives.\cell{
{\trowd\cellx630\cellx10800\trrh990\row}}}
\pard\plain
{\trowd\clvertalc\cellx619\clvertalc\cellx10559\trrh-66
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx619\clvertalc\cellx10559\trrh-66\row}}}
{\trowd\cellx619\cellx10559\trrh198
\pard\plain\intbl\li286\cf1\f51\fs16\ql (3)\cell\pard\plain\intbl\cf1\f51\fs16\ql These amounts include charges for Litigation-related and other contingencies, net as further described in Note 11. Commitments and Contingencies.\cell{
{\trowd\cellx619\cellx10559\trrh198\row}}}
\pard\plain
{\trowd\clvertalc\cellx630\clvertalc\cellx10800\trrh-66
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{\trowd\cellx630\cellx10800\trrh396
\pard\plain\intbl\li286\cf1\f51\fs16\ql (4)\cell\pard\plain\intbl\cf1\f51\fs16\ql Asset impairment charges primarily relate to charges to write down goodwill and intangible assets as further described in Note 8. Goodwill and Other\plain\intbl\cf1\f51\fs16\ql Intangibles.\cell{
{\trowd\cellx630\cellx10800\trrh396\row}}}
\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li286\cf1\f51\fs16\ql (5)\cell\pard\plain\intbl\cf1\f51\fs16\ql Acquisition-related and integration items include costs directly associated with previous acquisitions of $4.7 million and $23.2 million for three months\plain\intbl\cf1\f51\fs16\ql ended March 31, 2017 and 2016, respectively. In addition, during the three months ended March 31, 2017, there was a charge due to changes in fair\plain\intbl\cf1\f51\fs16\ql value of contingent consideration of $6.2 million. During the three months ended March 31, 2016, there was a benefit due to changes in the fair value\plain\intbl\cf1\f51\fs16\ql of contingent consideration of $10.7 million.\cell{
{\trowd\cellx630\cellx10800\trrh792\row}}}{\*\bkmkstart sc410acd8d1da549f8b01a1f36e8fdb0}{\*\bkmkend sc410acd8d1da549f8b01a1f36e8fdb0}\pard\plain\sb176\cf1\f51\fs20\b\ql LIQUIDITY AND CAPITAL RESOURCES\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Our principal source of liquidity is cash generated from operations. Our principal liquidity requirements are primarily for\plain\cf1\f51\fs20\ql working capital for operations, licenses, milestone payments, capital expenditures, contingent liabilities, vaginal mesh liability\plain\cf1\f51\fs20\ql payments and debt service payments. The Company\u8217?s working capital was $273.6 million at March\~31, 2017 compared to\plain\cf1\f51\fs20\ql a working capital deficit of $45.3 million at December\~31, 2016. The amount at March\~31, 2017 includes restricted cash and cash\plain\cf1\f51\fs20\ql equivalents of $272.0 million held in Qualified Settlement Funds (QSFs) for mesh product liability settlement agreements, which\plain\cf1\f51\fs20\ql is expected to be paid to qualified claimants within the next twelve months. The amount at December\~31, 2016 included restricted\plain\cf1\f51\fs20\ql cash and cash equivalents of $276.0 million held in QSFs for mesh product liability settlement agreements.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Cash and cash equivalents, which primarily consisted of bank deposits, time deposits and money market accounts, totaled\plain\cf1\f51\fs20\ql $617.6 million at March\~31, 2017 compared to $517.3 million at December\~31, 2016.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 42\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We expect cash generated from operations together with our cash, cash equivalents and the revolving credit facilities to be\plain\cf1\f51\fs20\ql sufficient to cover cash needs for working capital and general corporate purposes, contingent liabilities, payment of contractual\plain\cf1\f51\fs20\ql obligations, principal and interest payments on our indebtedness, capital expenditures, ordinary share repurchases and any\plain\cf1\f51\fs20\ql regulatory and/or sales milestones that may become due over the next year. However, on a longer term basis, we may not be able\plain\cf1\f51\fs20\ql to accurately predict the effect of certain developments on the rate of sales growth, such as the degree of market acceptance,\plain\cf1\f51\fs20\ql patent protection and exclusivity of our products, the impact of competition, the effectiveness of our sales and marketing efforts\plain\cf1\f51\fs20\ql and the outcome of our current efforts to develop, receive approval for and successfully launch our product candidates.\plain\cf1\f51\fs20\ql Additionally, we may not be successful in implementing, or may face unexpected changes or expenses in connection with our\plain\cf1\f51\fs20\ql strategic direction, including the potential for opportunistic corporate development transactions. Any of the above could adversely\plain\cf1\f51\fs20\ql affect our future cash flows.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql We may need to obtain additional funding for future transactions, to repay our outstanding indebtedness, or for our future\plain\cf1\f51\fs20\ql operational needs. We have historically had broad access to financial markets that provide liquidity; however, we cannot be\plain\cf1\f51\fs20\ql certain that funding will be available on terms acceptable to us, or at all. Any issuances of equity securities or convertible\plain\cf1\f51\fs20\ql securities could have a dilutive effect on the ownership interest of our current shareholders and may adversely impact net income\plain\cf1\f51\fs20\ql per share in future periods. An acquisition may be accretive or dilutive and, by its nature, involves numerous risks and\plain\cf1\f51\fs20\ql uncertainties. As a result of any acquisition efforts, if any, we are likely to experience significant charges to earnings for merger\plain\cf1\f51\fs20\ql and related expenses (whether or not the acquisitions are consummated) that may include transaction costs, closure costs or costs\plain\cf1\f51\fs20\ql of restructuring activities.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Borrowings.\plain\cf1\f51\fs20\ql At March\~31, 2017, the Company\u8217?s indebtedness includes a credit agreement with combined\plain\cf1\f51\fs20\ql outstanding principal borrowings of $3,686.3 million and additional availability of approximately $996.0 million under the\plain\cf1\f51\fs20\ql revolving credit facilities.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The credit agreement contains affirmative and negative covenants that the Company believes to be usual and customary for\plain\cf1\f51\fs20\ql a senior secured credit facility. The negative covenants include, among other things, limitations on capital expenditures, asset\plain\cf1\f51\fs20\ql sales, mergers and acquisitions, indebtedness, liens, dividends, investments and transactions with the Company\u8217?s affiliates.\plain\cf1\f51\fs20\ql As of March\~31, 2017, we were in compliance with all such covenants.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql On April 27, 2017, the Company repaid the amounts owed under this credit agreement and entered into a new five-year\plain\cf1\f51\fs20\ql revolving credit facility in a principal amount of $1,000.0 million and (ii) a seven-year term loan facility in a principal amount\plain\cf1\f51\fs20\ql of $3,415.0 million. The new credit facilities are further described in Note 10. Debt of the Condensed Consolidated Financial\plain\cf1\f51\fs20\ql Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql At March\~31, 2017, the Company\u8217?s indebtedness includes senior notes with aggregate principal amounts totaling\plain\cf1\f51\fs20\ql $4.7 billion. These notes mature between 2022 and 2025, subject to earlier repurchase or redemption in accordance with the\plain\cf1\f51\fs20\ql terms of the respective indentures. Interest rates on these notes range from 5.375% to 7.25%. These notes are senior unsecured\plain\cf1\f51\fs20\ql obligations of the Company\u8217?s subsidiaries and are issued or guaranteed on a senior unsecured basis, as applicable, by all\plain\cf1\f51\fs20\ql of our significant subsidiaries (other than Astora, Somar and Litha) and certain of our other subsidiaries, except for the 7.25%\plain\cf1\f51\fs20\ql Senior Notes due 2022, which are issued by Endo Health Solutions Inc. and guaranteed on a senior unsecured basis by the\plain\cf1\f51\fs20\ql guarantors named in the Fifth Supplemental Indenture relating to such notes.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The indentures governing our various senior notes contain affirmative and negative covenants that the Company believes to\plain\cf1\f51\fs20\ql be usual and customary for senior unsecured indentures. The negative covenants, among other things, restrict the\plain\cf1\f51\fs20\ql Company\u8217?s ability and the ability of its restricted subsidiaries to incur certain additional indebtedness and issue preferred\plain\cf1\f51\fs20\ql stock, make restricted payments, sell certain assets, agree to any restrictions on the ability of restricted subsidiaries to make\plain\cf1\f51\fs20\ql payments to us, create certain liens, merge, consolidate, or sell substantially all of the Company\u8217?s assets, or enter into\plain\cf1\f51\fs20\ql certain transactions with affiliates. As of March\~31, 2017, we were in compliance with all covenants.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql On April 27, 2017, the Company issued $300.0 million in aggregate principal amount of 5.875% senior secured notes due\plain\cf1\f51\fs20\ql 2024 (the 2024 Notes). The 2024 Notes are further described in Note 10. Debt.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Credit ratings.\plain\cf1\f51\fs20\ql The Company\u8217?s corporate credit ratings assigned by Moody\u8217?s Investors Service and Standard\plain\cf1\f51\fs20\ql & Poor\u8217?s are B2 with a stable outlook and B+ with a negative outlook, respectively.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Working capital.\plain\cf1\f51\fs20\ql The components of our working capital and our liquidity at March\~31, 2017 and December 31, 2016 are\plain\cf1\f51\fs20\ql below (dollars in thousands):
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc March\~31, 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc December\~31, 2016\cell{
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{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7464\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx7704\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8761\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9001\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9105\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9422\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10479\clbrdrt\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10796\trrh416
\pard\plain\intbl\li22\ri22\sb176\sa22\cf1\f51\fs20\ql Total current assets\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,332,721\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 2,589,459\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Less: total current liabilities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,059,164\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (2,634,745\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Working capital\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 273,557\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (45,286\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Current ratio\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1.1:1\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr -1.0:1\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\par\pard\plain\fs16\pard\plain\cf1\f51\fs20\qc 43\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net working capital increased by $318.8 million from December\~31, 2016 to March\~31, 2017. This increase was primarily\plain\cf1\f51\fs20\ql attributable to net cash provided by operating activities of $167.8 million. Other significant items contributing to the change in\plain\cf1\f51\fs20\ql working capital were largely offsetting. These items include a $248.8 million decrease in the current portion of our mesh legal\plain\cf1\f51\fs20\ql settlement accrual with an associated decrease in restricted cash and cash equivalents of $247.5 million resulting from\plain\cf1\f51\fs20\ql distributions to claimants from Qualified Settlement Funds. This reduction in restricted cash and cash equivalents was offset by\plain\cf1\f51\fs20\ql funding of the mesh qualified settlement funds in the amount of $243.3 million. A reduction in accounts receivable of $302.6\plain\cf1\f51\fs20\ql million was largely due to cash collections on fourth quarter sales of ezetemibe tablets and quetiapine ER tablets which was\plain\cf1\f51\fs20\ql partially offset by a net reduction in accounts payable and accrued expenses of $234.8 million, largely related to a reduction in\plain\cf1\f51\fs20\ql gross-to-net accruals, the payment of accrued interest on outstanding high-yield notes, the majority of which is paid in January\plain\cf1\f51\fs20\ql and July of each year, and payments to partners related to fourth quarter sales of ezetimibe tablets. In addition, as of March 31,\plain\cf1\f51\fs20\ql 2017, we reclassified approximately $112.4 million of debt from current to non-current as a result of our April 2017\plain\cf1\f51\fs20\ql Refinancing, resulting in a corresponding increase in working capital. Partially offsetting the increase in working capital were\plain\cf1\f51\fs20\ql purchases of property, plant and equipment of $27.2 million during the three months ended March 31, 2017 and the elimination\plain\cf1\f51\fs20\ql of a $24.1 million current deferred charge related to the adoption of ASU 2016-16, which was recorded as an adjustment to\plain\cf1\f51\fs20\ql retained earnings.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The following table summarizes our Condensed Consolidated Statements of Cash Flows for the three months ended March\plain\cf1\f51\fs20\ql 31 (in thousands):
\par\pard\plain
{\trowd\trqc\clvertalc\cellx10799\trrh-66
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs16\b\qc Three Months Ended March 31,\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2017\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc 2016\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Net cash flow provided by (used in):\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Operating activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 167,763\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (45,767\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li462\ri22\sb22\sa22\cf1\f51\fs20\ql Investing activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (7,121\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 31,070\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li462\ri22\sb176\sa22\cf1\f51\fs20\ql Financing activities\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (53,194\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (38,650\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Effect of foreign exchange rate\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 1,444\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr 2,967\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Movement in cash held for sale\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr (8,553\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\qr \u8212?\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql Net increase in cash and cash equivalents\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr 100,339\cell
\par\pard\plain\intbl\fs16\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\sb22\sa22\cf1\f51\fs20\ql $\cell\pard\plain\intbl\sb22\sa22\cf1\f51\fs20\qr (50,380\cell\pard\plain\intbl\ri22\sb22\sa22\cf1\f51\fs20\ql )\cell{
{\trowd\trqc\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8069\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx8189\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9267\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9380\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9487\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx9607\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10685\clbrdrt\brdrs\brdrcf1\clbrdrb\brdrdb\brdrcf1\clvertalb\clshdng100\clcfpat11\clcbpat11\cellx10798\trrh298\row}}}\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Net cash provided by (used in) operating activities.\plain\cf1\f51\fs20\ql Net cash provided by operating activities was $167.8 million for the\plain\cf1\f51\fs20\ql three months ended March 31, 2017 compared to $45.8 million of net cash used by operating activities in the comparable 2016\plain\cf1\f51\fs20\ql period.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Net cash provided by (used in) operating activities represents the cash receipts and cash disbursements from all of our\plain\cf1\f51\fs20\ql activities other than investing activities and financing activities. Changes in cash from operating activities reflect, among other\plain\cf1\f51\fs20\ql things, the timing of cash collections from customers, payments to suppliers, managed care organizations, government agencies,\plain\cf1\f51\fs20\ql collaborative partners and employees, as well as tax payments and refunds in the ordinary course of business.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The $213.5 million fluctuation in Net cash provided by (used in) operating activities for the three months ended March 31,\plain\cf1\f51\fs20\ql 2017 compared to the comparable 2016 period was primarily the result of the timing of cash collections and cash payments\plain\cf1\f51\fs20\ql related to our operations. In particular, net sales of ezetimibe tablets and quetiapine ER tablets, which were launched in the fourth\plain\cf1\f51\fs20\ql quarter of 2016, generated increased cash receipts during the three months ended March 31, 2017 compared to the same period in\plain\cf1\f51\fs20\ql 2016. As a result of continued generic competition on certain legacy branded products and the discontinuation of certain generic\plain\cf1\f51\fs20\ql products resulting from the 2016 U.S. Generic Pharmaceuticals restructuring initiative, cash outlays for customer rebates and\plain\cf1\f51\fs20\ql chargebacks decreased during the three months ended March 31, 2017 compared to 2016. These favorable cash impacts were\plain\cf1\f51\fs20\ql partially offset by increased payments to partners resulting from fourth quarter sales of ezetimibe tablets and an increase in cash\plain\cf1\f51\fs20\ql outlays for existing mesh settlement agreements during the three months ended March 31, 2017 compared to the same period in\plain\cf1\f51\fs20\ql 2016.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Net cash (used in) provided by investing activities.\plain\cf1\f51\fs20\ql Net cash used in investing activities was $7.1 million for the three\plain\cf1\f51\fs20\ql months ended March 31, 2017 compared to $31.1 million provided by investing activities in the comparable 2016 period.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql This $38.2 million fluctuation in cash used in investing activities for the three months ended March 31, 2017 compared to\plain\cf1\f51\fs20\ql the comparable 2016 period relates primarily to $243.3 million paid into QSFs for mesh settlements during the three months\plain\cf1\f51\fs20\ql ended March 31, 2017, which was $122.4 million more than cash paid into the QSFs during the comparable 2016 period. This\plain\cf1\f51\fs20\ql fluctuation was partially offset by $247.5 million of cash released from the QSFs for mesh settlements during three months ended\plain\cf1\f51\fs20\ql March 31, 2017, which was $62.9 million more than cash released from the QSFs during the comparable 2016 period. Cash\plain\cf1\f51\fs20\ql payments into QSFs result in a cash outflow for investing activities. Cash releases from QSFs result in a cash inflow for\plain\cf1\f51\fs20\ql investing activities and a corresponding outflow for cash provided by (used in) operating activities. Payments related to our QSFs\plain\cf1\f51\fs20\ql are further described in Note 11. Commitments and Contingencies of Part I, Item 1 of this Quarterly Report on Form 10-Q.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Partially offsetting the QSF activity between periods, prior year activity included payments for patent acquisition costs and\plain\cf1\f51\fs20\ql license fees of $13.0 million, with no comparable activity during three months ended March 31, 2017. In addition, there was an\plain\cf1\f51\fs20\ql increase in net proceeds from the sales of businesses and other assets of $9.8 million.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 44\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l "sb7d19168c65d595fae217d1d269a4da" }{\*\fldrslt\cf3\f51\fs16\b\ql Table of Contents}}
\par\pard\plain\fs16\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Net cash used in financing activities.\plain\cf1\f51\fs20\ql Net cash used in financing activities was $53.2 million for the three months ended\plain\cf1\f51\fs20\ql March 31, 2017 compared to $38.7 million used in financing activities in the comparable 2016 period.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Items contributing to the $14.5 million increase in cash used in financing activities for the three months ended March 31,\plain\cf1\f51\fs20\ql 2017 compared to the comparable 2016 period include an increase in payments for contingent consideration of $13.8 million and\plain\cf1\f51\fs20\ql an increase in principal payments on term loans of $6.9 million, partially offset by a decrease in payments of tax withholding for\plain\cf1\f51\fs20\ql restricted shares of $9.2 million.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Fluctuations.\plain\cf1\f51\fs20\ql Our quarterly results have fluctuated in the past and may continue to fluctuate. These fluctuations may be\plain\cf1\f51\fs20\ql due to the timing of new product launches, purchasing patterns of our customers, market acceptance of our products, the impact\plain\cf1\f51\fs20\ql of competitive products and pricing, asset impairment charges, litigation related charges, restructuring costs, including separation\plain\cf1\f51\fs20\ql benefits, business combination transaction costs, upfront, milestone and certain other payments made or accrued pursuant to\plain\cf1\f51\fs20\ql licensing agreements and changes in the fair value of financial instruments and contingent assets and liabilities recorded as part\plain\cf1\f51\fs20\ql of business combinations. Further, a substantial portion of our total revenues are through three wholesale drug distributors who in\plain\cf1\f51\fs20\ql turn supply our products to pharmacies, hospitals and physicians. Accordingly, we are potentially subject to a concentration of\plain\cf1\f51\fs20\ql credit risk with respect to our trade receivables.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Contractual Obligations.\plain\cf1\f51\fs20\ql As of March\~31, 2017, there were no material changes in our contractual obligations from those\plain\cf1\f51\fs20\ql disclosed in the Company's Annual Report on Form 10-K for the year ended December\~31, 2016, filed with the Securities and\plain\cf1\f51\fs20\ql Exchange Commission on March\~1, 2017, except for the debt issuances and repayments described in Note 10. Debt of the\plain\cf1\f51\fs20\ql consolidated financial statements included in this Quarterly Report on Form 10-Q.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Inflation.\plain\cf1\f51\fs20\ql We do not believe that inflation had a material adverse effect on our financial statements for the periods\plain\cf1\f51\fs20\ql presented.\par\pard\plain\sb176\fi594\cf1\f51\fs20\b\i\ql Off-balance sheet arrangements.\plain\cf1\f51\fs20\ql We have no off-balance sheet arrangements as defined in Item 303(a)(4) of Regulation\plain\cf1\f51\fs20\ql S-K.{\*\bkmkstart s80d5db83f2414ec782750334d25cad2}{\*\bkmkend s80d5db83f2414ec782750334d25cad2}\par\pard\plain\sb264\cf1\f51\fs20\b\ql CRITICAL ACCOUNTING ESTIMATES\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Our critical accounting estimates have not changed materially since December\~31, 2016. For additional discussion of the\plain\cf1\f51\fs20\ql Company\u8217?s critical accounting estimates, see \u8220?Critical Accounting Estimates\u8221? in Item 7 of our Annual Report\plain\cf1\f51\fs20\ql on Form 10-K for the year ended December\~31, 2016 filed with the Securities and Exchange Commission on March\~1, 2017.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As described in more detail above under the caption \u8220?RESULTS OF OPERATIONS\u8221?, as a result of the\plain\cf1\f51\fs20\ql Paladin interim goodwill test performed during the first quarter of 2017, the Company recorded a pre-tax, non-cash goodwill\plain\cf1\f51\fs20\ql impairment charge relating to our Paladin reporting unit of\~$83 million. A 50 basis point increase in the assumed discount rate\plain\cf1\f51\fs20\ql utilized or a 50 basis point decrease in the annual growth rate would have increased our Paladin reporting unit goodwill\plain\cf1\f51\fs20\ql impairment charge by approximately\~$20 million\~and\~$10 million, respectively.{\*\bkmkstart s06e367bcda4c466994239f0db3aa701}{\*\bkmkend s06e367bcda4c466994239f0db3aa701}\par\pard\plain\sb264\cf1\f51\fs20\b\ql RECENT ACCOUNTING PRONOUNCEMENTS \par\pard\plain\sb176\fi594\cf1\f51\fs20\ql For discussion of recent accounting pronouncements, refer to Note 2. Recent Accounting Pronouncements in the\plain\cf1\f51\fs20\ql Condensed Consolidated Financial Statements in Part I, Item 1 of this Quarterly Report on Form 10-Q.{\*\bkmkstart sb5a905bab6c85bd0b3c156973bf1607}{\*\bkmkend sb5a905bab6c85bd0b3c156973bf1607}{\*\bkmkstart item_1_3_3}{\*\bkmkend item_1_3_3}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 3.\~\~\~\~\~\~\~\~\plain\cf1\f51\fs20\b\i\ql Quantitative and Qualitative Disclosures About Market Risk\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Market risk is the potential loss arising from adverse changes in the financial markets, including interest rates and foreign\plain\cf1\f51\fs20\ql currency exchange rates.\par\pard\plain\sb176\fi286\cf1\f51\fs20\i\ql Interest Rate Risk\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Our exposure to interest rate risk relates primarily to our variable rate indebtedness associated with our term loan and\plain\cf1\f51\fs20\ql revolving credit facilities. At March\~31, 2017, our variable-rate debt borrowings related to our term loan facilities and had an\plain\cf1\f51\fs20\ql aggregate principal amount of $3.7 billion. Borrowings under our credit facilities bear interest at a rate equal to an applicable\plain\cf1\f51\fs20\ql margin plus London Interbank Offered Rate (LIBOR), in certain cases subject to a LIBOR floor. A hypothetical 1% increase in\plain\cf1\f51\fs20\ql LIBOR over the LIBOR floor would result in $36.9 million in incremental annual interest expense related to our variable-rate\plain\cf1\f51\fs20\ql debt borrowings.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql To the extent we utilize amounts under our revolving credit facilities or take on additional variable rate indebtedness,\plain\cf1\f51\fs20\ql including the impact of our April 2017 refinancing described in Note 10. Debt of the Condensed Consolidated Financial\plain\cf1\f51\fs20\ql Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q, we will be exposed to additional interest rate risk.\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql As of March\~31, 2017 and December\~31, 2016, we had no other assets or liabilities with significant interest rate sensitivity.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 45\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
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\par\pard\plain\fs16{\*\bkmkstart item_1_3_4}{\*\bkmkend item_1_3_4}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 4.\~\~\~\~\~\~\~\~Controls and Procedures\par\pard\plain\sb176\fi286\cf1\f51\fs20\b\i\ql Evaluation of Disclosure Controls and Procedures\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The Company\u8217?s management, with the participation of the Company\u8217?s Chief Executive Officer and Principal\plain\cf1\f51\fs20\ql Financial Officer, has evaluated the effectiveness of the Company\u8217?s disclosure controls and procedures, as defined in Rules\plain\cf1\f51\fs20\ql 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as of March\~31, 2017. Based on that evaluation, the\plain\cf1\f51\fs20\ql Company\u8217?s Chief Executive Officer and Principal Financial Officer concluded that the Company\u8217?s disclosure\plain\cf1\f51\fs20\ql controls and procedures were effective as of March\~31, 2017.\par\pard\plain\sb176\fi286\cf1\f51\fs20\b\i\ql Changes in Internal Control over Financial Reporting\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql There have been no changes in the Company\u8217?s internal control over financial reporting during the fiscal quarter\plain\cf1\f51\fs20\ql ended March\~31, 2017 that have materially affected, or are reasonably likely to materially affect, the Company\u8217?s internal\plain\cf1\f51\fs20\ql control over financial reporting.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 46\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
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\par\pard\plain\fs16{\*\bkmkstart part_1_2_2}{\*\bkmkend part_1_2_2}\par\pard\plain\sb352\cf1\f51\fs20\b\qc PART II. OTHER INFORMATION{\*\bkmkstart s7e1dc3ebe3075f76863509755e0ad84}{\*\bkmkend s7e1dc3ebe3075f76863509755e0ad84}{\*\bkmkstart item_1_3_5}{\*\bkmkend item_1_3_5}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 1.\plain\cf1\f51\fs20\ql \~\~\~\~\~\~\~\~\plain\cf1\f51\fs20\b\ql Legal Proceedings\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The disclosures under Note 11. Commitments and Contingencies of the Condensed Consolidated Financial Statements\plain\cf1\f51\fs20\ql included in Part I, Item 1 of this Quarterly Report on Form 10-Q are incorporated into this Part II, Item 1 by reference.{\*\bkmkstart s5bf1991d90c954ed85ee98099f3c9e8}{\*\bkmkend s5bf1991d90c954ed85ee98099f3c9e8}{\*\bkmkstart item_1_3_6}{\*\bkmkend item_1_3_6}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 1A.\~\~\~\~Risk Factors\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Risk factors disclosed in Item 1A. Risk Factors of the Company's Annual Report on Form 10-K for the year ended\plain\cf1\f51\fs20\ql December\~31, 2016 filed with the Securities and Exchange Commission on March\~1, 2017 (Annual Report) are incorporated into\plain\cf1\f51\fs20\ql this document by reference. There have been no material changes to the risk factors disclosed therein.{\*\bkmkstart sd0b855e2a63757149d1d0ed4756d5fd}{\*\bkmkend sd0b855e2a63757149d1d0ed4756d5fd}{\*\bkmkstart item_1_3_7}{\*\bkmkend item_1_3_7}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 2.\~\~\~\~\~\~\~\~Unregistered Sales of Equity Securities and Use of Proceeds\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql There were no purchases or sales of equity securities by the Company during the three months ended March\~31, 2017.{\*\bkmkstart sd9cd567e62d05bfcaa34ce75d1e8e17}{\*\bkmkend sd9cd567e62d05bfcaa34ce75d1e8e17}{\*\bkmkstart item_1_3_8}{\*\bkmkend item_1_3_8}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 3.\~\~\~\~\~\~\~\~Defaults Upon Senior Securities\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql None.{\*\bkmkstart s28f40aafaac951788c782b03e1979cc}{\*\bkmkend s28f40aafaac951788c782b03e1979cc}{\*\bkmkstart item_1_3_9}{\*\bkmkend item_1_3_9}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 4.\~\~\~\~\~\~\~\~Mine Safety Disclosures\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Not applicable.{\*\bkmkstart sf7d8210074e658299c53601eab0f2de}{\*\bkmkend sf7d8210074e658299c53601eab0f2de}{\*\bkmkstart item_1_3_10}{\*\bkmkend item_1_3_10}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 5.\~\~\~\~\~\~\~\~Other Information\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql None.{\*\bkmkstart se897d2f43a04530db7a518df2678497}{\*\bkmkend se897d2f43a04530db7a518df2678497}{\*\bkmkstart item_1_3_11}{\*\bkmkend item_1_3_11}\par\pard\plain\sb264\cf1\f51\fs20\b\ql Item 6.\~\~\~\~\~\~\~\~Exhibits\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql The information called for by this item is incorporated by reference to the Exhibit Index of this Report.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 47\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
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\par\pard\plain\fs16{\*\bkmkstart part_1_2_3}{\*\bkmkend part_1_2_3}\par\pard\plain\sb176\cf1\f51\fs20\b\qc SIGNATURES\par\pard\plain\sb176\fi594\cf1\f51\fs20\ql Pursuant to the requirements of Section\~13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused\plain\cf1\f51\fs20\ql this report to be signed on its behalf by the undersigned, thereunto duly authorized.\~
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql ENDO INTERNATIONAL PLC\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql /s/\~PAUL V. CAMPANELLI\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\ql Name:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Paul V. Campanelli\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\ql Title:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql President and Chief Executive Officer\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql /s/\~BLAISE COLEMAN\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\ql Name:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Blaise Coleman\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\ql Title:\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Executive Vice President, Chief Financial Officer\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql (Principal Financial Officer)\cell{
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qc 48\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
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\par\pard\plain\fs16{\*\bkmkstart part_1_2_4}{\*\bkmkend part_1_2_4}\par\pard\plain\cf1\f51\fs20\b\qc Exhibit Index
\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\ql Exhibit No.\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\b\qc Title\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 2.1*\cell\pard\plain\intbl\li22\ri22\sb22\ul{\field{\*\fldinst HYPERLINK \\l "doc_1_2" }{\*\fldrslt\cf3\f51\fs20\ql Sale Agreement, dated as of February 27, 2017, by and among Acino Pharma AG and the Endo Luxembourg}}\plain\intbl\li22\ri22\ul{\field{\*\fldinst HYPERLINK \\l "doc_1_2" }{\*\fldrslt\cf3\f51\fs20\ql Finance Company I S.\u224?.r.l., Endo Luxembourg Finance Company II S.\u224?.r.l. and Endo Ventures Limited}}\plain\intbl\li22\ri22\sa22\ul{\field{\*\fldinst HYPERLINK \\l "doc_1_2" }{\*\fldrslt\cf3\f51\fs20\ql (filed herewith)}}\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql 101\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\ql The following materials from Endo International plc\u8217?s Report on Form 10-Q for the quarter ended March 31,\plain\intbl\li22\ri22\cf1\f51\fs20\ql 2017, formatted in XBRL (eXtensible Business Reporting Language): (i) the Condensed Consolidated Balance\plain\intbl\li22\ri22\cf1\f51\fs20\ql Sheets, (ii) the Condensed Consolidated Statements of Operations, (iii) the Condensed Consolidated Statements of\plain\intbl\li22\ri22\cf1\f51\fs20\ql Comprehensive Loss, (iv) the Condensed Consolidated Statements of Cash Flows and (v) the Notes to Condensed\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\ql Consolidated Financial Statements\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql *\cell\pard\plain\intbl\li22\ri22\sb22\cf1\f51\fs20\ql Confidential portions of this exhibit (indicated by asterisks) have been redacted and filed separately with the\plain\intbl\li22\ri22\cf1\f51\fs20\ql Securities and Exchange Commission pursuant to a confidential treatment request in accordance with Rule 24b-2 of\plain\intbl\li22\ri22\sa22\cf1\f51\fs20\ql the Securities Exchange Act of 1934, as amended\cell{
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\par\pard\plain\fs16
\page{\*\bkmkstart doc_1_2}{\*\bkmkend doc_1_2}{\*\bkmkstart s7ebe73ff4aabbba0771ca14b7561b0b}{\*\bkmkend s7ebe73ff4aabbba0771ca14b7561b0b}\pard\plain\cf1\f51\fs20\b\qr Exhibit 2.1\par\pard\plain\cf1\f51\fs20\b\qc The confidential portions of this exhibit have been filed separately with the Securities and Exchange Commission pursuant\plain\cf1\f51\fs20\b\qc to a confidential treatment request in accordance with Rule 24b-2 under the Securities Exchange Act of 1934, as\plain\cf1\f51\fs20\b\qc amended. REDACTED PORTIONS OF THIS EXHIBIT ARE MARKED BY AN ***.
\par\pard\plain\fs16
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc SALE AGREEMENT
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc between
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc ENDO LUXEMBOURG FINANCE COMPANY I S.\u224?\~r.l.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc ENDO LUXEMBOURG FINANCE COMPANY II S.\u224?\~r.l.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc ENDO VENTURES LIMITED
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\qc ACINO PHARMA AG
\par\pard\plain\fs16
\par\pard\plain\fs16
\par\pard\plain\fs16
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj 155 \u8211? 5th Street Sandton 2196\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj Docex 111 Sandton\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj enquiries@werksmans.com\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj Johannesburg South Africa\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj Tel +27 11 535 8000\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj www.werksmans.com\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj Private Bag 10015 Sandton 2146\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs16\qj Fax +27 11 535 8600\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\ql \~\cell{
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\par\pard\plain\fs16
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\par\pard\plain\fs16\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\brdrsp0\par\pard\plain\f0\fs4\par
\page{\*\bkmkstart s397a29f0172cd50cea61a14b759391d}{\*\bkmkend s397a29f0172cd50cea61a14b759391d}\pard\plain\cf1\f51\fs13\ql AP/AP\par\pard\plain\cf1\f51\fs13\ql /ENDO29730.4\par\pard\plain\cf1\f51\fs13\ql Sale Agreement (Execution Version)/#4200957v1
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs24\b\ql TABLE OF CONTENTS
\par\pard\plain
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 1\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql INTERPRETATION\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 1\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 2\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql INTRODUCTION\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 17\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 3\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql SUSPENSIVE CONDITIONS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 17\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 4\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql SALE\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 20\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 5\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql PURCHASE PRICE AND PAYMENT\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 20\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 6\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql ADJUSTMENT OF PURCHASE PRICE\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 22\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 7\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql CLOSING\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 26\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 8\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql HOLDBACK AMOUNT AND ESCROW ARRANGEMENTS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 27\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 9\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql AUDITED ACCOUNTS AND MANAGEMENT ACCOUNTS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 31\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 10\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql THIRD PARTY CONSENTS AND APPROVALS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 31\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 11\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql POST-CLOSING OBLIGATIONS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 32\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 12\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql SELLER WARRANTIES\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 33\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 13\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql TAX INDEMNITY\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 35\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 14\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql THIRD PARTY CLAIMS\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 37\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 15\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql LIMITATION OF LIABILITY\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 40\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 16\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql PURCHASER'S WARRANTIES\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 44\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 17\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql FORENSIC TENDER\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 45\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 18\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql JOINT AND SEVERAL\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 46\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 19\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql GUARANTEE\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 46\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 25\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql DOMICILIUM AND NOTICES\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 53\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 26\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql GENERAL\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 55\cell{
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\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 27\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql GOVERNING LAW\cell\pard\plain\intbl\li22\ri22\sb22\sa22\cf1\f51\fs20\b\ql 56\cell{
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\par\pard\plain\fs16
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\page
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs12\ql Sale Agreement (Execution Version)/#4200957v1
\par\pard\plain\fs16
\par\pard\plain\fs16\par\pard\plain\sa132\cf1\f51\fs24\b\qj ANNEXURES\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999951_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~A \u8211?\~TARGET GROUP}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999952_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~B \u8211?\~2016 ACCOUNTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999953_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~C}}\plain\sa264\cf1\f51\fs20\b\qj \u8209?\~WARRANTIES\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999954_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~D \u8211?\~DISCLOSURE SCHEDULE}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999955_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~E \u8211?\~DATA ROOM}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999956_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~F \u8211? DESIGNATED CONTRACTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999957_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~G \u8211?}}\plain\sa264\cf1\f51\fs20\b\qj *** HOLDBACK PERCENTAGE PER PRODUCT\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999958_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~H \u8211? MA PRODUCTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999959_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~I \u8211? PIPELINE PRODUCTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999960_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~J \u8211? DORMANT PRODUCTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999961_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~K \u8211? COMPLEMENTARY MEDICINES}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999962_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~L \u8211? THIRD PARTY PRODUCTS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999963_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~M \u8211? DESIGNATED MARKETING AUTHORISATIONS}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999964_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~N \u8211? RESTRUCTURING AGREEMENT}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999965_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~O \u8211?\~RESTRUCTURING MEMORANDUM}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999966_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~P \u8211? SENIOR EMPLOYEES}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999967_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~Q \u8211? ACCOUNTING PRINCIPLES}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999968_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~R \u8211? EXAMPLE STATEMENT OF WORKING CAPITAL}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999969_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~S \u8211? ADJUSTMENT DOCUMENT EXAMPLE}}\pard\plain\sa264\ul{\field{\*\fldinst HYPERLINK \\l "stoc475999970_11581425" }{\*\fldrslt\cf3\f51\fs20\b\qj ANNEXURE\~T \u8211?\~REGISTRATIONS}}
\par\pard\plain\fs16
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\page{\*\bkmkstart sa6a0efa0753aa36fbe8ba14b75b31b6}{\*\bkmkend sa6a0efa0753aa36fbe8ba14b75b31b6}\par\pard\plain\cf1\f51\fs13\ql AP/AP\par\pard\plain\cf1\f51\fs13\ql /ENDO29730.4\par\pard\plain\cf1\f51\fs13\ql Sale Agreement (Execution Version)/#4200957v1
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj SALE AGREEMENT
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj between
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj ENDO LUXEMBOURG FINANCE COMPANY I S.\u224?\~r.l.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj ENDO LUXEMBOURG FINANCE COMPANY II S.\u224?\~r.l.
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj ENDO VENTURES LIMITED
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj and
\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs20\qj ACINO PHARMA AG
\par\pard\plain\fs16{\*\bkmkstart s5e09ea5fe40b5a2e2869a14b75e5a4e}{\*\bkmkend s5e09ea5fe40b5a2e2869a14b75e5a4e}
\par\pard\plain
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\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
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{\trowd\cellx126\cellx2083\trrh260
\pard\plain\intbl\cf1\f51\fs21\ql 1\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\b\qj INTERPRETATION\cell{
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\par\pard\plain\fs16\pard\plain\li550\cf1\f51\fs21\qj In this Agreement, clause headings are for convenience and shall not be used in its interpretation and, unless the\plain\li550\cf1\f51\fs21\qj context clearly indicates a contrary intention,\~\u8209?
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\pard\plain\intbl\cf1\f51\fs21\ql 1.1\cell\pard\plain\intbl\cf1\f51\fs21\qj a word or an expression which\plain\intbl\cf1\f51\fs21\qj denotes\~\u8209?\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.1.1\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj any gender includes the\plain\intbl\li22\cf1\f51\fs21\qj other genders;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.1.2\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj a natural person includes an artificial or juristic person and\plain\intbl\li22\cf1\f51\fs21\i\qj vice versa\plain\intbl\li22\cf1\f51\fs21\qj ;\cell{
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{\trowd\cellx832\cellx3950\trrh520
\pard\plain\intbl\cf1\f51\fs21\ql 1.1.3\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj the singular includes the plural and\plain\intbl\li22\cf1\f51\fs21\i\qj vice versa\plain\intbl\li22\cf1\f51\fs21\qj ;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2\cell\pard\plain\intbl\cf1\f51\fs21\qj the following words and expressions shall bear the meanings assigned to them below and cognate words and\plain\intbl\cf1\f51\fs21\qj expressions bear corresponding meanings\~\u8209?\cell{
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\pard\plain
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{\trowd\cellx1515\cellx10800\trrh520
\pard\plain\intbl\cf1\f51\fs21\ql 1.2.1\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj 2016\~Accounts\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~the unaudited financial statements of each company of the Target Group and\plain\intbl\li22\cf1\f51\fs21\qj the consolidated financial statements of the Target Group as at\cell{
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs12\ql Sale Agreement (Execution Version)/#4200957v1
\par\pard\plain\fs16\par\pard\plain\li1672\cf1\f51\fs21\qj and for the period ended on 31\~December 2016, as prepared by the Company and provided to the\plain\li1672\cf1\f51\fs21\qj Purchaser, attached as Annexure\~B;
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.2\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Accounting Principles\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~the accounting principles to be used for purposes of calculating the\plain\intbl\li22\cf1\f51\fs21\qj Adjustment Amount, attached as Annexure\~Q;\cell{
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\pard\plain
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.3\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Adjustment Amount\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? the Purchase Price adjustment amount in relation to the Cash, Debt and\plain\intbl\li22\cf1\f51\fs21\qj Working Capital position as at the Closing Date, to be determined in accordance with clause\~6.3;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.4\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Adjustment Document\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~shall have the meaning attributed thereto in\plain\intbl\li22\cf1\f51\fs21\qj clause\~6.3.1;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.5\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Affiliate\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8209?\~of a specific Entity ("\plain\intbl\li22\cf1\f51\fs21\b\qj Specified Entity\plain\intbl\li22\cf1\f51\fs21\qj ")\plain\intbl\li22\cf1\f51\fs21\qj means\~\u8209?\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.5.1\cell\pard\plain\intbl\cf1\f51\fs21\qj each Entity which is directly or indirectly Controlled by the Specified\plain\intbl\cf1\f51\fs21\qj Entity; and\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.7.2\cell\pard\plain\intbl\cf1\f51\fs21\qj compliance with which is (or was or will be, at the relevant time referred to in this Agreement)\plain\intbl\cf1\f51\fs21\qj mandatory for that Person, Party or the Target Group\~Company concerned, as the case may be;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.8\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Audited Accounts\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? means the consolidated audited financial statements of the Target Group as\plain\intbl\li22\cf1\f51\fs21\qj at and for the period ended on 31\~December 2014, 31\~December 2015 and 31\~December 2016,\plain\intbl\li22\cf1\f51\fs21\qj respectively;\cell{
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs12\ql Sale Agreement (Execution Version)/#4200957v1
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\par\pard\plain\fs16\pard\plain\li1672\cf1\f51\fs21\qj and all business activities ancillary thereto;
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\par\pard\plain\fs16\par\pard\plain\li2244\cf1\f51\fs21\qj effect from a Seller to the Purchaser delivered no later than the second Business Day before the\plain\li2244\cf1\f51\fs21\qj Scheduled Closing Date; provided that such extended date may not be later than 30\~days after the\plain\li2244\cf1\f51\fs21\qj Scheduled Closing Date;
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.20\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj *** Agreement\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~the written agreement concluded between\plain\intbl\li22\cf1\f51\fs21\b\qj ***\plain\intbl\li22\cf1\f51\fs21\qj and Litha Pharma on or about\plain\intbl\li22\cf1\f51\fs21\qj 27 March 2012, in relation to the distribution of, inter alia,\plain\intbl\li22\cf1\f51\fs21\b\qj ***\plain\intbl\li22\cf1\f51\fs21\qj , and expiring on 26 March 2017;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.21\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj *** Replacement Agreement\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~a written agreement to be concluded between Litha Pharma, or\plain\intbl\li22\cf1\f51\fs21\qj another Target Group Company, and\plain\intbl\li22\cf1\f51\fs21\b\qj ***\plain\intbl\li22\cf1\f51\fs21\qj , or its Affiliate, replacing or extending the\plain\intbl\li22\cf1\f51\fs21\b\qj ***\plain\intbl\li22\cf1\f51\fs21\qj Agreement, and\plain\intbl\li22\cf1\f51\fs21\qj which agreement provides for a minimum duration of 12 months from 26 March 2017;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.22\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Control\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8209?\~shall be construed in accordance with section\~2(2) (as read with section\~3(2)) of the\plain\intbl\li22\cf1\f51\fs21\qj Companies Act, and "\plain\intbl\li22\cf1\f51\fs21\b\qj Controls\plain\intbl\li22\cf1\f51\fs21\qj " and "\plain\intbl\li22\cf1\f51\fs21\b\qj Controlled\plain\intbl\li22\cf1\f51\fs21\qj " shall be construed accordingly;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.23\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Company\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~Litha Healthcare Group Proprietary Limited (registration number\~2006/006371/07), a\plain\intbl\li22\cf1\f51\fs21\qj private company with limited liability duly incorporated in South Africa;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.24\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Companies Act\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8209?\~the South African Companies Act No\~71 of 2008 and any regulations. rules or\plain\intbl\li22\cf1\f51\fs21\qj directives promulgated thereunder;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.25\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Competition Act\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8209?\~the South African Competition Act No\~89 of 1998 and any rules or\plain\intbl\li22\cf1\f51\fs21\qj regulations promulgated thereunder;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.26\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Data Room\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? means the virtual data room ("\plain\intbl\li22\cf1\f51\fs21\b\qj VDR\plain\intbl\li22\cf1\f51\fs21\qj ") for Project\~Emerald as at 7\~February\~2017\plain\intbl\li22\cf1\f51\fs21\qj and updated by the agreed uploads on 23\~February\~2017 (in Folder 11.8 entitled "Project Emerald \u8211?\plain\intbl\li22\cf1\f51\fs21\qj Data Room Uploads 2-23-17"), compiled by the Target Group Holdco and operated by\plain\intbl\li22\cf1\f51\fs21\qj Donnelley\~Financial Solutions and to which the Purchaser and its representatives were given access for\plain\intbl\li22\cf1\f51\fs21\qj purposes of the Due Diligence Investigation, the index of which is attached as Annexure\~E hereto, and\plain\intbl\li22\cf1\f51\fs21\qj which information is contained in the VDR and on the CD/s/DVD/s\cell{
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\par\pard\plain\fs16\par\pard\plain\li1672\cf1\f51\fs21\qj to be initialed by the Parties for identification purposes by not later than 30 days after the Signature Date;\plain\li1672\cf1\f51\fs21\qj provided that any failure by any Party to initial any such CDs/DVD/s shall not in any way detract from\plain\li1672\cf1\f51\fs21\qj the Data Room being constituted by the VDR;
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.27\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Debt\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~without double counting, all obligations of the types set forth in the following clauses: (a)\plain\intbl\li22\cf1\f51\fs21\qj borrowed money; (b) indebtedness evidenced by notes, debentures or similar instruments; (c) the deferred\plain\intbl\li22\cf1\f51\fs21\qj purchase price of assets, services or securities (in each case, other than (1)\~ordinary trade accounts\plain\intbl\li22\cf1\f51\fs21\qj payable and (2) accrued expenses, each of which shall be included in the definition of Working Capital);\plain\intbl\li22\cf1\f51\fs21\qj (d) all obligations, under letter of credit or similar facilities, in each case, to the extent drawn or funded;\plain\intbl\li22\cf1\f51\fs21\qj (e) the mark-to-market value of any financial derivatives including but not limited to interest rate swaps;\plain\intbl\li22\cf1\f51\fs21\qj (f)\~all interest, premium, fees, penalties (including prepayment and early termination penalties) payable in\plain\intbl\li22\cf1\f51\fs21\qj connection with the obligations set forth in the foregoing clauses (a) through (f); (g) all factoring\plain\intbl\li22\cf1\f51\fs21\qj arrangements whether recourse or non-recourse; and (h) all obligations in the foregoing clauses (a)\plain\intbl\li22\cf1\f51\fs21\qj through (g) of other Persons guaranteed directly or indirectly in any manner by any Target Group\plain\intbl\li22\cf1\f51\fs21\qj Company; and other amounts owing in respect of the items described in the foregoing clauses (a) through\plain\intbl\li22\cf1\f51\fs21\qj (h); provided, however, that in no event will the definition of Debt include the Holdback Amount or any\plain\intbl\li22\cf1\f51\fs21\qj amount included in the definition of Working\~Capital, all as determined with reference to the\plain\intbl\li22\cf1\f51\fs21\qj Accounting\~Principles;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Delivery Documents\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8209?\~the following\plain\intbl\li22\cf1\f51\fs21\qj documents\~\u8209?\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.1\cell\pard\plain\intbl\cf1\f51\fs21\qj the original share certificates reflecting Target Group Holdco's holding of the\plain\intbl\cf1\f51\fs21\qj Sale\~Shares;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.2\cell\pard\plain\intbl\cf1\f51\fs21\qj duly signed and currently dated share transfer forms complying with the Company's MOI, providing\plain\intbl\cf1\f51\fs21\qj for the transfer of all of the Sale\~Shares and reflecting the Purchaser as the transferee;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.3\cell\pard\plain\intbl\cf1\f51\fs21\qj the originals of all such documents (if any) evidencing the relevant Seller's title to the Sale Assets\plain\intbl\cf1\f51\fs21\qj (other than the Sale Shares);\cell{
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\par\pard\plain\fs16\par\pard\plain\cf1\f51\fs12\ql Sale Agreement (Execution Version)/#4200957v1
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.4\cell\pard\plain\intbl\cf1\f51\fs21\qj a signed cession of the\plain\intbl\cf1\f51\fs21\qj Sale Claim;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.5\cell\pard\plain\intbl\cf1\f51\fs21\qj a signed cession of the ***\plain\intbl\cf1\f51\fs21\qj Licence by EVL;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.6\cell\pard\plain\intbl\cf1\f51\fs21\qj a resolution of the board of directors of the\plain\intbl\cf1\f51\fs21\qj Company\~\u8209?\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.6.1\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj approving the transfer of the Sale Shares in accordance with this\plain\intbl\li22\cf1\f51\fs21\qj Agreement;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.6.2\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj authorising the registration of transfer of the Sale Shares and the issue of a new share\plain\intbl\li22\cf1\f51\fs21\qj certificate in respect of the Sale\~Shares to the Purchaser on the Closing Date;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.6.3\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj accepting the resignations referred to\plain\intbl\li22\cf1\f51\fs21\qj in\~1.2.28.7; and\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.6.4\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj a shareholders resolution of the Target Group Companies electing those directors nominated\plain\intbl\li22\cf1\f51\fs21\qj by the Purchaser not less than four Business Days before the Closing Date, in accordance\plain\intbl\li22\cf1\f51\fs21\qj with the Company's MOI;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.7\cell\pard\plain\intbl\cf1\f51\fs21\qj to the extent required by the Purchaser in a written notice to the Sellers not less than four Business\plain\intbl\cf1\f51\fs21\qj Days before the Closing\~Date, the written resignations of those directors of the applicable Target\plain\intbl\cf1\f51\fs21\qj Group Companies named in such written notice;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.8\cell\pard\plain\intbl\cf1\f51\fs21\qj to the extent required by the Purchaser in a written notice to the Sellers not less than three Business\plain\intbl\cf1\f51\fs21\qj Days before the Closing Date, the written resignations, with effect from the Closing Date, of the\plain\intbl\cf1\f51\fs21\qj public officers of the Target Group Companies and the company secretaries of the Target Group\plain\intbl\cf1\f51\fs21\qj Companies; and\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.28.9\cell\pard\plain\intbl\cf1\f51\fs21\qj all of the Target Group Companies' books, records, documents and assets which are in the\plain\intbl\cf1\f51\fs21\qj possession of the Sellers or the Company; provided that the Sellers shall be entitled to retain either\plain\intbl\cf1\f51\fs21\qj originals or copies of such of the foregoing records as it may be required to retain in accordance\plain\intbl\cf1\f51\fs21\qj with Applicable Laws;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.29\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Deregistration Entities\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~the Target Group Companies and other Entities which are, or the\plain\intbl\li22\cf1\f51\fs21\qj Target Group intends to be, in the process of deregistration in terms of the Companies Act, being Litha\plain\intbl\li22\cf1\f51\fs21\qj Medical Consumables Proprietary Limited, MS\~Patient Care Pharmacy Proprietary Limited, Filter Works\plain\intbl\li22\cf1\f51\fs21\qj Proprietary Limited and Firefly Investments 223 Proprietary Limited;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.30\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Designated Contracts\plain\intbl\li22\cf1\f51\fs21\qj "\~\u8211?\~the distribution contracts in relation to the primary healthcare business\plain\intbl\li22\cf1\f51\fs21\qj of the Target Group listed in Annexure\~F;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.31\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Designated Third Parties\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? those parties listed in Annexure\~F attached hereto who are third\plain\intbl\li22\cf1\f51\fs21\qj party contractors to the Designated Contracts;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.32\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Diminished Value Amount\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? the diminishment in value of a Holdback\~Contract or a Diminished\plain\intbl\li22\cf1\f51\fs21\qj Value Contract as a result of New\~Contract Terms becoming applicable and being a maximum of the\plain\intbl\li22\cf1\f51\fs21\qj Holdback\~Contract Value of that Holdback\~Contract, with such amount being determined in accordance\plain\intbl\li22\cf1\f51\fs21\qj with the provisions of Annexure\~F1 attached hereto;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.33\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Diminished Value Contracts\plain\intbl\li22\cf1\f51\fs21\qj " \u8211? as defined in\plain\intbl\li22\cf1\f51\fs21\qj clause 8.1.2;\cell{
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\pard\plain\intbl\cf1\f51\fs21\ql 1.2.34\cell\pard\plain\intbl\li22\fi-22\cf1\f51\fs21\qj "\plain\intbl\li22\cf1\f51\fs21\b\qj Disclosure Schedule\plain\intbl\